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When Do Kids Need to File Taxes for 2008?

By , About.com Guide

Find out when you need to files taxes for kids in 2008.

2008 Income Requirements:

For the 2008 tax year, children claimed as a dependent on your return must file their own taxes if they meet any of the following:
  • Earned income is greater than $5,450.
  • Unearned income (like dividends and interest) is greater than $900.
  • Self employment net earnings are greater than $400.
  • Earned and unearned total income is greater than the larger of $900 or earned income plus $300.

Current Year Requirements:

You can find updated income requirements at when to file kids taxes.

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