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April 8, 2020
Question

19 year old College Student with W-2 and 1099-misc income

  • April 8, 2020
  • 1 reply
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My son is a 19 year old college student with W-2 income of $4,829, and 1099-Misc income in box 7 of $1,831, for a grand total of $6,660. Does he need to file a return? Also, the 1099-misc income is making him self-employed. He did this as a way to make a little money and help our church with some landscaping issues. Can this amount be reported in a different box, say 3, so as to not have to pay the self-employment tax if he needs to file?

1 reply

Employee
April 8, 2020

MY DEPENDENT HAD A JOB

If your dependent has a W-2 for his after-school job, summer job, etc. you do not include the information on your own return. You can still claim your child as a dependent on your own return.  He/she can file his own return for a refund of some of his withheld wages (he won’t get back anything for Social Security or Medicare), but MUST indicate on it that he can be claimed as a dependent on someone else’s return.  (Supervise this closely or prepare it for him!)

If your dependent’s earnings were over $400 and were reported on a 1099Misc then he must file a return and pay self-employment tax for Social Security and Medicare.  You may want to use this version of TT for that:

https://ttlc.intuit.com/questions/1900583-what-is-turbotax-free-file-program

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**