The tax return filing requirements for individuals who can be claimed as a dependent on another person's
Question:
The tax return filing requirements for individuals who can be claimed as a dependent on another person's tax return.
An individual who can be claimed as a dependent on another person's tax return must file a return if he or she has all of the following:
• (Earned income only/Unearned Income Only) and gross income that is (More/less) than the total standard deduction (including any additional standard deduction) the individual is allowed for the year.
• (Earned income only/Unearned Income Only) and gross income of more than ($____) plus any additional standard deduction the individual is allowed for the year.
• Both earned and unearned income and gross income of more than the larger of ($____) or the sum of (earned/unearned) income plus ($____) (but limited to the applicable basic standard deduction) (less/plus) any additional standard deduction the individual is allowed for the year.
South Western Federal Taxation 2015 Essentials of Taxation Individuals and Business Entities
ISBN: 9781285438290
18th edition
Authors: James Smith, William Raabe, David Maloney, James Young