Question: is this a situation that requires a u . s . federal income tax return? you are claimed as a dependent on your parents tax

is this a situation that requires a u.s. federal income tax return? you are claimed as a dependent on your parents tax return, earned $5,000 of income and had $500 of federal withholdings. you must file to claim refund.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Q:

Eric qualified for a federal Earned Income Credit of $510 and claimed it on his federal income tax return. Eric has one qualifying child and earned $37,500. He also meets all of the other...

Q:

Eric qualified for a federal Earned Income Credit of $ 5 1 0 and claimed it on his federal income tax return. Eric has one qualifying child and earned $ 3 7 , 5 0 0 . He also meets all of the other...

Q:

Eric qualified for a federal Earned Income Credit of $ 5 1 0 and claimed it on his federal income tax return. Eric has one qualifying child and earned $ 3 7 , 5 0 0 . He also meets all of the other...

Q:

Eric qualified for a federal Earned Income Credit of $510 and claimed it on his federal income tax return. Eric has one qualifying child and earned $37,500. He also meets all of the other...

Q:

Please summarize this article FINDINGS OF FACT In 2010 petitioner husband was looking for new investment opportunities. He met Scott Zeilinger, who offered him the opportunity to invest in a...

Q:

What type of court opinion is the following case opinion? and why does it matter? FINDINGS OF FACT In 2010 petitioner husband was looking for new investment opportunities. He met Scott Zeilinger, who...

Q:

Flag question: Question 231 Question 2311 pts Charles is 67 years old. In 2021, his Adjusted Gross Income is $75,000, and he received $10,000 in Social Security benefits. How much of a Credit for the...

Q:

Tax Project Required: Use the following information to complete Paige Turners 2017 federal income tax return. If information is missing, use reasonable assumptions to fill in the gaps. Any required...

Q:

Tax Project Required: Use the following information to complete Paige Turners 2017 federal income tax return. If information is missing, use reasonable assumptions to fill in the gaps. Any required...

Q:

Tax Project Required: Use the following information to complete Paige Turners 2017 federal income tax return. If information is missing, use reasonable assumptions to fill in the gaps. Any required...

Q:

Anna Joiner is developing a capital investment analysis for her supervisor. The proposed capital investment has an estimated residual value of $5,500 at the end of its five-year life. The company...

Q:

Linden Company provided the following information: Current assets ...... $ 6,930 Current liabilities ..... 6,413 Liquid assets ............ 2,001 Total assets ............ 25,327 Total liabilities......

Q:

Acetylene gas at 1 bar undergoes a reversible adiabatic compression to 800K and 7 bar Assuming acetylene to be an ideal gas at these conditions find its initial temperature give the complete solution...

Q:

Suppose an investor purchases a one - year bond today, for $ 9 6 0 . The bond promises a return of $ 1 , 0 0 0 . She purchases another one - year bond, after a year, for $ 8 8 7 that promises a...