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You should determine whether or not your child needs to file a 2011 tax return. A return is needed if wages exceeded $5,800, your child had self-employment income over $400, or investment income exceeded $950. If the child had both wages and investment income, other thresholds will apply.
With questions, please contact our office at (317) 782-3070 and schedule a complimentary consultation with one of our tax specialists.
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