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#2
02-11-2004, 03:15 PM
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 Re: Taxable minimum earnings roulettewheel wrote: - quote - > I have two daughters that are full time students in college.
They're not exempt. They both need to file federal tax> Both of their earnings are below $7000 annually. Are they > exempt from paying Federal and State income taxes? I claim > them both on my taxes. We are in Maryland. returns. The MD filing threshold is $7800. However, they may want to file a state return to obtain a refund of taxes withheld. -- Alan http://taxtopics.net << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#1
02-11-2004, 02:56 PM
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| Re: Taxable minimum earnings roulettewheel wrote: - quote - > I have two daughters that are full time students in college.
I HOPE you claim them by virtue of the fact you furnish more> Both of their earnings are below $7000 annually. Are they > exempt from paying Federal and State income taxes? I claim > them both on my taxes. We are in Maryland. than half their support. Not enough they be full time students. In that case, e.g. you legitimately claiming them, they each must file, and sounds like each one's federal tax will be a shade over 200$. Not conversant with Maryland income tax, since I haven't lived there in over 30 years. Cheer$, Harlan Lunsford, EA n LA << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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02-11-2004, 01:58 PM
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| Re: Taxable minimum earnings - quote - > I have two daughters that are full time students in college.
Nope. The maximum that your dependent can earn without> Both of their earnings are below $7000 annually. Are they > exempt from paying Federal and State income taxes? I claim > them both on my taxes. We are in Maryland. paying federal taxes is $4,750. I don't know about Maryland. -- Don EA in Upstate NY << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#-1
02-10-2004, 07:26 PM
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| Taxable minimum earnings I have two daughters that are full time students in college. Both of their earnings are below $7000 annually. Are they exempt from paying Federal and State income taxes? I claim them both on my taxes. We are in Maryland. << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
| Tags |
| earnings, minimum, taxable |
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