Is an unmarried dependent who earns $4,500 from wages required to file a tax return?

Prepare for the HandR Block Income Tax Exam. Master crucial concepts with our interactive quizzes, featuring detailed explanations and real-world scenarios. Enhance your skills and build confidence for the exam. Success awaits you!

An unmarried dependent who earns $4,500 from wages is not required to file a tax return because their gross income is below the threshold of $5,800. According to IRS guidelines, a dependent must file a return if their earned income exceeds the standard deduction for dependents, which for the tax year in question, aligns with that gross income threshold. Since $4,500 is less than $5,800, the dependent is not required to file a tax return based solely on their earnings.

This situation illustrates how the filing requirements can vary depending on a taxpayer's income level and filing status, highlighting the importance of understanding these thresholds when determining the obligation to file a tax return. Therefore, the correct answer reflects this understanding of gross income requirements for dependents.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy