age requirement for dependent child on tax return
Your child's earned income. Unlike other taxpayers, the IRS treats your child differently depending on whether they earn money from work or through investments. All dependent children who earn more than $6,200 of incomein 2014 must file a personal income tax return and might owe tax to the IRS.Earned income only applies to wages and salaries your child receives as a result of providing services to an employer, even if only through a part-time job.he tax rules allow you to claim a dependency exemption for a child if they reside with you for more than half the year, donât provide more than half of their own financial support, and are under the age of 19 at all times during the tax year, or under 24 if a full-time student.