If you have children younger than 19 years old (or 24 if a full-time student) coordinate the filing of their taxes with yours. How they file is a matter of tax law.
Your child is away for college. You try to file your tax return on after finally receiving all the required documentation. Unfortunately, your e-filed tax return is rejected because your college student filed their own tax return and received a nice refund. Now you have a mess on your hands. You must submit an extension, file an amended tax return for your child, return a refund, and paper file your tax return.
A Matter of Law
The dependency rules and kiddie tax laws are clear and must be followed. If you have a dependent child as determined by the tax code, you will need to conduct the tax calculations to determine what is taxed at your child’s tax rate and what will be taxed at your higher rate. The same goes for the tax return that receives exemptions and standard deductions. This requires coordination of your tax filings with that of your dependent children.
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