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A child who is a dependent and earns income must file a return if they earned the specified amount of money as mentioned on the income tax form.

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11y ago
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13y ago

YES.

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Q: Does your child need to file taxes for their Social Security money?
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Related questions

What is the purpose of social security taxes?

Thats where the money comes from to pay you social security.


Are Social Security taxes taken out before or after taxes?

Social Security (FICA) taxes are withheld from your gross (before tax) salary.


Are social security taxes state taxes?

Social Security is a federal program. It is a federal "tax" not a state tax.


Do you get OASDI money back in your tax returns?

No, Social Security taxes are separate from income tax. There is no refund.


Was fica deductible?

FICA taxes, which include Social Security and Medicare taxes, are withheld from earnings in most cases. They are not deductible on a federal tax return. You will only see some of that money again when you collect Social Security or Medicare.


In what states can your disability check be garnished?

can the state of maryland garnish my government disability check for back taxes owed the state of maryland ?no they cannot, u.s.gov. disability or social security cannot be garnished, Except for child support and Federal TAXES.


How much money do you have to earn to stop paying social security taxes in the year 2011?

106,800. That amount went up in 2012 to 110,000. According to the Offical Social Security Website.


If you are on social security and working does your employer still take out social security taxes?

Yes.


Which agency collects taxes from workers to pay benefits and living expenses for the dependents and survivors of deceased workers?

The Internal Revenue Service (IRS) is tasked with the responsibility for collecting most federal taxes, including the Social Security taxes. Social Security taxes are deposited into the United States Treasury and credit is given to the appropriate Social Security Trust Fund. The Social Security Administration (SSA) administers the Social Security programs and distributes the benefits to eligible recipients.


Do you have to pay taxes on land you sell if you are on social security?

The answer is Yes! Social Security benefits are non taxable but any other money you receive from sold land will have to be listed on your IRS form and yes you might have to pay taxes depending on the amount. If in doubt contact the IRS. Taxation depends on the money you get.


Do you pay Social Security taxes on a settlement check?

No. FICA taxes (Social Security, Medicare, etc) are only paid on earned income.


What percentage of income do employees pay in social security and Medicare taxes?

Social security: 6.2%