(702) 433-7075    info@kondlercpa.com   
Kondler CPA

Kondler CPAs builds off Las Vegas Review Journal Article…

Change in withholding rules likely to take a bite out of tax returns ~ A few dollars a week ‘doesn’t stimulate the economy’
By JENNIFER ROBISON
LAS VEGAS REVIEW-JOURNAL

“If the minor earns income and is claimed as a dependent on someone else’s return then they only need to file a return if their total earnings exceed $5,700. The $5,700 is the standard deduction allowed by the IRS for 2009 tax returns. However, if the minor had income tax withheld from their W-2, then it’s to the benefit to the minor to file regardless of the earnings amount in order to get the tax refunded.”
Read the full article here:



 

 
associations
© 2019 Kondler CPA | 8475 W. Sunset Rd., Suite 201, Las Vegas, NV 89113
Website serviced by Santiam Communications