Dante worked 10 hours per week at a grocery store last school year, earning minimum wage. His parents claim him as a dependent o

Question

2 years ago

10

Dante worked 10 hours per week at a grocery store last school year, earning minimum wage. His parents claim him as a dependent o

n their taxes, and he realizes he doesn't legally have to file a federal tax return for the year. Why might he want to do so anyway?

Business

1 answer:

Marizza181 [45] · Answer 1 · 2022-09-18T17:00:35+03:00

Answer:

Dante might want to get a refund.

Explanation:

Assuming that Dante earned $72.50 per week x 50 weeks = $3,625 total yearly income. Maybe his employer deducted $500 as federal income tax withholding during the year. The only way that Dante can recover the $500 withheld is to file taxes and request a refund. Since he earns a very low salary, Dante doesn't need to pay income taxes.