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1 vote
Jason is 15 and earned $1450 at his job last summer. Should he file a tax return?

1) No, because he didn't earn enough.
2) No, because you have to be 16 and older to file taxes.
3) Yes, because he may get a refund.
4) Yes. You must file taxes even if you didn't earn enough.

1 Answer

3 votes

Final answer:

Jason should file a tax return because he may receive a tax refund if he had any federal income tax withheld, regardless of his age or whether he reached a specific earning threshold.

Step-by-step explanation:

The question whether Jason, who is 15 and earned $1450 at his job last summer, should file a tax return is one related to personal income taxation.

In general, every U.S. citizen and resident is required to file an income tax form by the middle of April each year, and this includes working teenagers.

One reason for Jason to file a tax return could be to receive a tax refund if he had any federal income tax withheld from his paycheck, as he might have paid more tax over the year than he owes.

The 1040EZ tax form is the simplest form for individuals with a straightforward financial situation. For someone of Jason's earning level, filing a tax return is not mandatory unless he had taxes withheld and wants to claim a refund, or there are other specific circumstances that require a filing.

Therefore, the correct answer would be: 3) Yes, because he may get a refund. This choice is because he may have overpaid taxes which would result in a tax refund.

User Sebastian Carroll
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