WebApr 13, 2024 · Farmers in affected areas of California also have until Oct. 16, 2024, to make estimated payments and pay any tax due, if you normally file your federal tax return by … WebFeb 28, 2024 · The answer depends on their incomes and whether they had employers withhold taxes from their paychecks. Students who are single and earned more than the $12,950 standard deduction in tax year...
Dependents Internal Revenue Service - IRS
WebMedicaid also does not require people to file a federal income tax return in previous years. ... Dan and Jen must file separate returns. Jen claims Drew and Mary as tax dependents on her tax return. Dan files as a single person and doesn’t claim any tax dependents. ... Medicaid would apply the tax filer rule and include everyone in each of ... WebDec 1, 2024 · • A minor who may be claimed as a dependent must file a return if their income exceeds their standard deduction ($12,950 for tax year 2024). • A minor who earns less than $12,950 will not owe taxes but may choose to file a return to receive a refund of withheld earnings. lexi atkins pic
Dependent Tax Deductions and Credits for Families - TurboTax
WebJan 1, 2024 · This means that employers withhold money from employee earnings to pay for taxes. These taxes include Social Security tax, income tax, Medicare tax and other state income taxes that benefit W-2 employees. Both employers and employees split the Federal Insurance Contribution Act (FICA) taxes that pay for Social Security and Medicare … WebYour earned income was more than $14,050 ($15,700 if 65 or older and blind). Your gross income was more than the larger of --a. $2,750 ($4,400 if 65 or older and blind), or b. Your … WebJan 13, 2024 · If your unmarried dependent's W-2 earnings exceed their Standard Deduction($12,950 in 2024), they should file their own return and report the W-2 on their … lexia voyager sopris inc