NROTC Summer Pay

Forum|Forum|2 years ago
February 13, 2024
1 reply
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My dependent son earned about $1000 during his summer cruise. No federal tax was withheld and only a small amount was withheld for state taxes. I claim him on my tax return as a dependent. Therefore, do I include the wages he earned on my taxes?

Vanessa A

No, you do not include his income on your return since it was earned income. Also, he does not need to file a return. Because his income is less than the standard deduction of $13,850, this money is tax free and does not need to be reported.

One exception would be if he earned this as self-employed. If he was self-employed, he would need to file his own return since the income would be over $400 so it would be subject to the 15.3% SE tax.

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