Dependent Tax Return Filing Requirement Finder !
Internal Revenue Code provides personal exemptions , tax deductions and tax credits for qualified dependents claimed in your return. But the need to file tax return may arise in certain situations for qualified dependents also. In fact , their earned income or unearned income or whether they carry self employment and the income from self employment are some of the parameters on which it is decided if the qualified dependent will have to to file their own tax return. I have developed a free tool or finder for an easy Way to find if qualified dependents Need to File Tax Return .
Finder for Dependent Tax Return Filing Requirement
Just answer the questions by pushing the right button and you will get the final result in clear terms whether you need to file tax return or not.
If any of the six conditions listed below applied to you for 2017, you must file a return.
1. You owe any special taxes, including any of the following.
a. Alternative minimum tax. (See Form 6251.)
b. Additional tax on a qualified plan, including an individual retirement arrangement (IRA), or other tax-favored account.
(See Pub. 590-A, Contributions to Individual Retirement Arrangements (IRAs); Pub. 590-B, Distributions from
Individual Retirement Arrangements (IRAs); and Pub. 969, Health Savings Accounts and Other Tax-Favored Health
Plans.) But if you are filing a return only because you owe this tax, you can file Form 5329 by itself.
c. Social security or Medicare tax on tips you didn’t report to your employer (see Pub. 531) or on wages you received
from an employer who didn’t withhold these taxes (see Form 8919).
d. Write-in taxes, including uncollected social security, Medicare, or railroad retirement tax on tips you reported to your
employer or on group-term life insurance and additional taxes on health savings accounts. (See Pub. 531, Pub. 969,
and the Form 1040 instructions for line 62.)
e. Household employment taxes. But if you are filing a return only because you owe these taxes, you can file
Schedule H (Form 1040) by itself.
f. Recapture taxes. (See the Form 1040 instructions for lines 44, 60b, and 62.)
2. You (or your spouse if filing jointly) received Archer MSA, Medicare Advantage MSA, or health savings account
3. You had net earnings from self-employment of at least $400. (See Schedule SE (Form 1040) and its instructions.)
4. You had wages of $108.28 or more from a church or qualified church-controlled organization that is exempt from employer
social security and Medicare taxes. (See Schedule SE (Form 1040) and its instructions.)
5. Advance payments of the premium tax credit were made for you, your spouse, or a dependent who enrolled in coverage
through the Health Insurance Marketplace. You should have received Form(s) 1095-A showing the amount of the advance
payments, if any.
6. Advance payments of the health coverage tax credit were made for you, your spouse, or a dependent. You or whoever
enrolled you should have received Form(s) 1099-H showing the amount of the advance payments.