The 2017 tax overhaul eliminated the personal exemption, which allowed you to claim a deduction for each dependent. Fortunately, there are still some valuable tax breaks for those who support spouses, children, or other family members. But do those dependents need to file tax returns of their own? Knowing whether or not they’re obligated to file will help prevent problems with the IRS later.

What Is a Dependent?

For tax purposes, a dependent is any child or member of your household who you supported financially throughout the year. This includes qualifying relatives who live with you, as well as others with whom you shared a home for which you paid more than half of the expenses. Spouses are generally considered co-owners of your entire estate, and can’t be listed as dependents.

Do They Need to File Their Own Tax Returns?

The IRS expects every taxpayer to file a return, as long as they meet the minimum income requirements, meaning those who have earned more than $1,050 in investments or $12,000 in wages. The limits for married dependents and those over 65 are a little higher, so speak with a tax professional if you’re not sure.

Whose Responsibility Is It to File Tax Returns?

If your children are old enough to understand the forms, sending in tax returns is their responsibility. However, if they’re too young, you can submit their paperwork on their behalf, after signing a form indicating that you’re sending in documents for someone else.

For over 30 years, the tax return professionals at Selph and Friday, CPA have helped Texarkana, TX, families navigate the confusing, constantly changing tax code. They pride themselves on keeping up with the most recent developments in the law so they can help you avoid problems with the IRS and reduce your burden as much as possible. Visit their website for more on their services or call (903) 792-0281 to make an appointment today.