My reply

My kid had an intern work in 2022, She got W2 with more than 1 thousand income, withhold social security and medicare ,CASDI.

#1 Should she file her tax return for 2022 independently or should she file with her parents (17yrs old)

She can file her own tax return. and by filing her own tax return she will enjoy her own standard deduction as  dependent.  see https://www.irs.gov/publications/p501#en_US_2022_publink1000221069?

Use freefile on IRS website.  https://www.irs.gov/filing/free-file-do-your-federal-taxes-for-free?

You can still claim her as dependent.  

#2 Consider her college FA, which way is better?

Doesn't matter.  Her $1000 has to be counted as her income no matter how she files the tax.  It matters very little.  

#3 If she wants to buy IRA with this income, which way is better?

She can put all her earned income into ROTH IRA, because her income tax rate is 0% (see answer #1)

所有跟帖： 

• 謝謝如果她想put her earned income into IRA她是否必須單獨報稅？還有單獨開IRA 必18歲嗎 -hjh73- ♀ (135 bytes) () 02/15/2023 postreply 11:41:44

• 要學會自己研究。小孩要爬藤的話家長要做榜樣。 -檸檬椰子汁- ♂ (679 bytes) () 02/15/2023 postreply 11:47:14

• 謝謝還是等18歲再開IRA吧，免得麻煩。但是17歲這年掙得錢，能存18歲的IRA account嗎？ -hjh73- ♀ (0 bytes) () 02/15/2023 postreply 11:53:53

• 2022年IRA期限是4/17/2023. 如果小孩生日在此以前，她可以自己開賬戶存2022的錢。 -檸檬椰子汁- ♂ (0 bytes) () 02/15/2023 postreply 12:10:05

• 還有 其它 IRA 有最低年齡限製嗎？謝謝 -hjh73- ♀ (0 bytes) () 02/15/2023 postreply 11:59:13

• 請你自己去google，謝謝。 -檸檬椰子汁- ♂ (0 bytes) () 02/15/2023 postreply 12:10:23

• 謝謝。regular IRA 是轉當年的收入。 -hjh73- ♀ (0 bytes) () 02/15/2023 postreply 12:12:13

• 小孩單獨報稅，家長報稅也 claim 小孩是自己的dependent的話，小孩的收入也得加上的對不對？ -greenfinger- ♂ (0 bytes) () 02/15/2023 postreply 14:19:38

• 不加上。小孩自己報了 -MrsKwok- ♀ (0 bytes) () 02/15/2023 postreply 15:22:24

• 謝謝 -greenfinger- ♂ (0 bytes) () 02/15/2023 postreply 15:43:07

• 請問孩子單獨報稅隻需要要報聯邦稅嗎？需要報州稅嗎？ -hjh73- ♀ (63 bytes) () 02/15/2023 postreply 16:22:47

• 加個州稅幾十塊而已，也許能把扣的州稅都要回來呢 -新年好運- ♀ (0 bytes) () 02/15/2023 postreply 18:24:08

• 不知道，我都是整理好給會計做的 -MrsKwok- ♀ (0 bytes) () 02/15/2023 postreply 19:27:03

• 州稅是否報，要看各州的要求。 -檸檬椰子汁- ♂ (221 bytes) () 02/15/2023 postreply 20:25:18