Question

My 15 year old daughter got a part-time job last year she made approx 3700 net. Do I need to put that on my return?

Forum|Forum|3 years ago
March 13, 2023
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If you’re a single parent, your child’s summer employment may affect your tax return. If you claim the eligible dependant credit for your youngster, the amount of money they earn is deducted dollar for dollar from their credit at tax time. Even if your child does not file a tax return for themselves, you must still deduct their net income from this credit on your return.

To learn more, visit TurboTax webpage: Summer Jobs and Taxes Part 1 – School Aged Children (under 18)

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