Teaching point: What is a dependent and when can you be claimed as a dependent by someone else on their tax return?
Do Now
How do 18-24 year olds plan to use their tax refund? Answer in the document below.
2021.04.19 Do Now
Agenda
Do Now (5- 10 minutes)
Dependents and Income Notes (10 minutes)
Finish: Should they file a tax return? (10 - 15 minutes)
Review Responses ( 5- 10 min)
Dependents and Income Notes
Most people don't know that there are actually two types on income - earned and unearned - and each is taxed differently.
2021.04.23 Dependents and Earned vs. Unearned Income
Reference: Do I Need to File a Return?
As a teen, filing a tax return can be a mostly straight-forward process. However, you may be wondering how that process changes if someone claims you as a dependent or if you are a self-employed worker or household employee. Read through this reference to learn more about what to do in these scenarios.
2021.04.21 Do I Need to File a Return?
Play: Should you File a Tax Return?
Finish this activity. Be prepared to review at the end of the period.