Yardley CPA Posted February 9, 2014 Report Posted February 9, 2014 I have a client who is disabled and received a Form SSA-1099 showing benefits in the name of his 9 year old son. The form contained the sons Social Security Number. I assume a separate 1040 return needs to be filed for the son showing the SSDI income? Quote
Lion EA Posted February 9, 2014 Report Posted February 9, 2014 If the son meets the requirement to file a return, has taxable income, had any withholding he wants back, has any carryforwards to track, etc. 2 Quote
Mr. Pencil Posted February 9, 2014 Report Posted February 9, 2014 The form contained the sons Social Security Number. Social Security Disability Insurance is counted as support provided by the recipient, like any other pension. It doesn't matter that it is claimed on the parent's work history. It might mean the child is not a tax dependent. 1 Quote
Yardley CPA Posted February 9, 2014 Author Report Posted February 9, 2014 Child is a tax dependent. Quote
kcjenkins Posted February 9, 2014 Report Posted February 9, 2014 I have a client who is disabled and received a Form SSA-1099 showing benefits in the name of his 9 year old son. The form contained the sons Social Security Number. I assume a separate 1040 return needs to be filed for the son showing the SSDI income? Only if the 9 year old has enough other income to make the SS benefit taxable. 2 Quote
Jack from Ohio Posted February 9, 2014 Report Posted February 9, 2014 KC is right on the nose!! 2 Quote
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.