Gail is single and earned $28,000 as a cashier, her only income. Gail's son Tony is 17 years old and a full-time student in high school. Tony received Social Security survivor benefits of $5,000 in 2019. None of those benefits were taxable. He earned $10,000 during the summer working as a website developer. Tony had no withholding in box 2 of his Form W-2. He used his Social Security survivor benefits and wages to provide over half of his own support. Gail and Tony lived together all of 2019 and are U. S. citizens with valid Social Security numbers. 6. Which of the following statements is true? A. Tony is not required to file a tax return because his gross income is below the filing requirement. B. Tony is required to file because his total income is over $12,200. C. Tony is required to file because Gail can claim him as a dependent and his income is over $4,200. D. Tony is not required to file because his Social Security benefits are reported on Gail's return.

Question

Armani Tyler

Business

3 February, 13:40

Gail is single and earned $28,000 as a cashier, her only income. Gail's son Tony is 17 years old and a full-time student in high school. Tony received Social Security survivor benefits of $5,000 in 2019. None of those benefits were taxable. He earned $10,000 during the summer working as a website developer. Tony had no withholding in box 2 of his Form W-2. He used his Social Security survivor benefits and wages to provide over half of his own support. Gail and Tony lived together all of 2019 and are U. S. citizens with valid Social Security numbers. 6. Which of the following statements is true? A. Tony is not required to file a tax return because his gross income is below the filing requirement. B. Tony is required to file because his total income is over $12,200. C. Tony is required to file because Gail can claim him as a dependent and his income is over $4,200. D. Tony is not required to file because his Social Security benefits are reported on Gail's return.

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Answers (1)

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Royce Conner · Answer 1

Which of the following statements is true?

D). Tony is required to file a tax return because Gail can claim him as a dependent and his income is over $4200.

Explanation:

Tax eligibility can be defined as the amount of income tax that one should pay given there status. There are tax laws that direct citizens to know how much tax they are to pay and those that should pay this tax. In our case, Tony who is 17 years old and a full-time student in high school Social Security benefits of $5,000 that were not taxable and also earned an income of $10,000 during the summer working as a website developer. According to federal tax laws in the United States, the amount of income that Tony receives will determine whether he file tax returns or not. Tony's age will however not be a factor to be considered in filing for his tax return or not. This means that even if Tony is a full-time high school student who is 17 years of age, he still has to file for tax returns especially when his income exceeds a certain level.

According to federal tax regulations, Tony will have to file tax returns for 2019 since his earned income exceeded $6,350. At the same time, his unearned income also exceeded $1,050.