Individual Taxpayers & Dependents

Question 1

A single dependent must file a return under which circumstances

Answer 1

1. Unearned income was more than $1,100
2. Earned income was more than $12,550
3. Gross income was more than the larger of $1,100 or earned income (up to $12,200) plus $350

Question 2

Have to file a tax return if you have self-employment income of $400 or more

Question 3

Income, age limits to qualify as dependents

Answer 3

If under 19 or under 24 a full-time student for at least 5 months = no income limit

If 19 or older and not full-time student, the limit = $4,300 income