my 17 yr old earned 10000 and wants to file but i still claim him. will he owe t

  1. profile image47
    dqbabydollposted 7 years ago

    my 17 yr old earned 10000 and wants to file but i still claim him. will he owe taxes?

  2. thesinkfiles profile image61
    thesinkfilesposted 7 years ago

    Yes, he still still have to file for what he made. If he worked at a legitimate business he should have received a tax statement from where he works that has his net earnings and net federal and state (if your state has it) income tax.

    Chances are he will only have to fill out a W2-EZ form as I would assume at 17 he doesn't have any property taxes to claim or pay any money on interest from stocks or large sums of money in the bank. But you never know.

 
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