Does a child have to pay income taxes?

Answer A child must file an income tax return for 2009 if he has earned more than $5700 during the year or has unearned income (such as interest or dividends) of more than $950. If your child has both typ... Read More »

Top Q&A For: Does a child have to pay income taxes

Can a Man Paying Child Support Be Denied From Claiming a Child on Income Taxes?

The dependency exemption is used to reduce the taxes of families caring for children. Only one dependency exemption is granted per child. When parents with children divorce, only one parent will be... Read More »

Can you claim someone's child on your income taxes?

You can claim someone else's child under the age of 19 as a dependent if you provided a residence and support for more than half of the year. A student can be claimed until age 24. Qualifying relat... Read More »

How Much Do You Receive for a Child on Your Income Taxes?

Raising children is expensive. Taking a child from birth to 18 years of age can cost up to $250,000, according to a U.S. Department of Agriculture survey from 1990 to 1992. However, the federal gov... Read More »

Do you have to report child support as income on your taxes?

Child support that you receive is not reported as taxable income on your federal income tax return. If you pay child support, you are not allowed to deduct that amount from your taxable income.Sour... Read More »