Let’s look at the rules for when a dependent needs to file a tax return. For reference, see Table 1-2 on page 7 of this year’s IRS Publication 17.
There are two reasons why a college student would file a tax return: 1) You’re required by law to file a tax return because your income was above certain limits, and 2) You’re owed a refund
Do I have to file a tax return after I turn 72? YES!
Dependents may need to file a tax return if their income is above certain limits.
Q: What is the IRS definition of breastfeeding supplies? A: IRS Notice 2011-14 states “expenses paid for breast pumps and supplies that assist lactation are deductible medical expenses” and are eligible for reimbursement through HSAs. So basically, anything you purchase for breastfeeding would qualify. Q: Do i have to file taxes after 72 years old? A: […]