miatax Posted July 16, 2009 Report Share Posted July 16, 2009 I have a client who was 18 at the end of 2006. He did not file a 1040 but his father did and claimed expemtion / dependent as he fulfilled all criteria for being dependent. Now in 2009, my client (the 18 year old at the time) gets a notice from IRS claiming they are missing a 1040 from him from 1099 income. Turns out the 18 year old did have unearned income from an investment firm. Question: Does the 18 year old file a 1040 and / or would the father have to amend his 1040? Quote Link to comment Share on other sites More sharing options...
RoyDaleOne Posted July 16, 2009 Report Share Posted July 16, 2009 How much unearned income is involved? Quote Link to comment Share on other sites More sharing options...
kcjenkins Posted July 16, 2009 Report Share Posted July 16, 2009 For an 18 year old in 2006, he would file a 1040, it would not have to be on the parent's return, even though he was their dependent, in 2006. At that time, a child had to be 14 or under, if my memory serves, to cause the parent's to have to include the child's income, or have the child use the parent's rate, etc. Quote Link to comment Share on other sites More sharing options...
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