Filing Threshold For Dependents 2024. For the 2023 tax year, the child and dependent care tax credit is 20% to 35% of up to $3,000 (for one qualifying dependent) or $6,000 (for two or more qualifying. If you have one child and your adjusted gross income was $46,560 (filing alone) or $53,120 (filing jointly with a spouse), you could claim up to $3,995 in a.
Filing status helps you determine which filing status to use. Do they make less than $4,700 in 2023 ($5,050 for 2024)?
There Are Five Filing Statuses:
You can be claimed as a dependent and still need to file your own tax return.
Do They Make Less Than $4,700 In 2023 ($5,050 For 2024)?
For dependents, filing status and age are factors in whether filing is necessary, but so is the type of income received, whether earned or unearned.
Your Filing Requirement Depends On Your Income, Marital Status And Other Criteria.
Images References :
Taxes 2024 โ Everything You Need To File Your Taxes On Time.