Stimulus Payment for Teenager

Mar 21, 2008 1 Replies

I have a son who is now 13 years old. For tax year and prior, I filed a form 1040A for him as he had investment income. That changed during 2004 and there has been no need to file a tax return for him ever since as he no longer has investment income.



Today I received a blank Form 1040A in an evenlope marked "STIMULUS PAYMENT" with a notice to file this and mark STIMULUS PAYMENT on it. HUH???????????



First of all, does my kid qualify for the bucks? Our (wife and I)taxable income is over $200,000. Certainly WE don't qualify. Second of all, if he DOES qualify, do I just send a form 1040A in with his name and address and SS number and no other data?



A little more info on this is appreciated.


If your son is claimed or can be claimed as a dependent on your return, he is ineligible for a stimulus payment.

And even if the dependency disqualification doesn't apply, he apparently does not have sufficient qualifying income.

Condor

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