Submitted By: Terry
Answered: December 2, 2016 1:57 pm

Does a minor (age 14) have to pay income tax on earnings?

Dependents must file a tax return and pay taxes if income exceeds set limits. For 2016, a single dependent under age 65 who is not blind must file a return if any of the following applies:

  • Unearned income was over $1,050
  • Earned income was over $6,300
  • Gross income was more than the larger of (1) $1,050, or (2) earned income (up to $5,950) plus $350

Whether taxes are owed depends on the nature and amount of the income.

Tax Glossary

Revenue ruling

A revenue ruling is the Commissioner’s “official interpretation of the interpretation of the law” and generally is binding on revenue agents and other IRS officials. Taxpayers generally may rely on published revenue rulings in determining the tax treatment of their own transactions that arise out of similar facts and circumstances.

More terms