Skip to main content
March 31, 2023
Question

My son is 18 years old. He does not have a job. The only tax form is a 1099-MISC for winning a sweepstakes in 2022. Does he need to file taxes for that one form?

  • March 31, 2023
  • 1 reply
  • 0 views
The 1099-MISC is in his name.

1 reply

March 31, 2023

That depends.  If you claim your son as your Dependent, then he can file a return indicating he is 'a dependent on someone else's return.'

 

The Standard Deduction for a Dependent  for 2022 is limited to the greater of: (1) $1,150, or (2) your earned income plus $400.

 

Since he has no earned income, the standard deduction of $1,150 will be subtracted from the 1099-Misc amount, and he will pay tax on the balance.  If the award was less than $1,150 he is not required to file a return.

 

@carsontax04