What is the minimum amount of income to file taxes?

The minimum income amount depends on your filing status and age. In 2017, for example, the minimum for single filing status if under age 65 is $10,400. If your income is below that threshold, you generally do not need to file a federal tax return.
A.

What is the minimum income to file taxes in 2017?

Table 1. 2017 Filing Requirements for Independent Taxpayers
If your filing status isAnd at the end of 2017 you wereThen you must file a return if your gross income was at least
Singleunder 65$10,400
65 or older$11,950
Married filing jointlyunder 65 (both spouses)$20,800
65 or older (one spouse)$22,050
  • Is Social Security considered income?

    Since the 1980s, some recipients of these benefits who meet certain income levels have been required to pay taxes on the money they receive. While Social Security benefits are not counted as part of gross income, they are included in combined income, which the IRS uses to determine if benefits are taxable.
  • What is the tax filing threshold for 2017?

    2017 Federal Tax Filing Requirement Thresholds
    Filing StatusAgeMust File a Return If Gross Income Exceeds
    Head of HouseholdUnder 65$13,400
    65 or older$14,950
    Married Filing JointlyUnder 65 (both spouses)$20,800
    65 or older (one spouse)$22,050
  • How much time do you have to file your taxes?

    Claim a Refund. You risk losing your refund if you don't file your return. If you are due a refund for withholding or estimated taxes, you must file your return to claim it within 3 years of the return due date. The same rule applies to a right to claim tax credits such as the Earned Income Credit.
B.

Do you have to file taxes if you made less than $600?

If the income was from self-employment or as an independent contractor (received cash, no taxes withheld, sometimes reported on Form 1099-MISC, but not required if under $600), then you need to file if your net income from the work is $400 or more (even if it's your only income) as self-employment taxes of 15.3% would
  • Do you have to file taxes if you made less than $600?

    If the income was from self-employment or as an independent contractor (received cash, no taxes withheld, sometimes reported on Form 1099-MISC, but not required if under $600), then you need to file if your net income from the work is $400 or more (even if it's your only income) as self-employment taxes of 15.3% would
  • Do I need to send a 1099 for less than $600?

    The $600 rule applies to the business paying you money, not to you. The IRS requires that if a business remits $600 or more to you during the tax year, it must issue you a Form 1099-MISC for that amount. You'll receive a copy of the 1099, and the IRS will receive a copy as well.
  • Is Miscellaneous income taxable?

    If you receive income from a source other than earned wages or salaries, you may receive a Form 1099-MISC, Miscellaneous Income. Generally, the income on this form is subject to federal income tax and state income tax.
C.

How much money do you have to make before you have to file taxes?

When determining whether you need to file a return, you don't include tax-exempt income. In 2017 for example, if you are under age 65 and single, you must file a tax return if you earn $10,400 or more, which is the sum of the 2017 standard deduction for a single taxpayer plus one exemption.
  • How much money do you have to make to file taxes in 2017?

    The minimum income amount depends on your filing status and age. In 2017, for example, the minimum for single filing status if under age 65 is $10,400. If your income is below that threshold, you generally do not need to file a federal tax return.
  • How much money do you have to make to get the Earned Income Tax Credit?

    How much can I earn and still qualify?
    If you have:Your earned income (and adjusted gross income) must be less than:Your maximum credit will be:
    1 qualifying child$39,617 ($45,207 if married and filing a joint return)$3,400
    2 or more qualifying children$45,007 ($50,597 if married and filing a joint return)$5,616
  • What is the minimum income required to file taxes?

    Table 1. 2017 Filing Requirements for Independent Taxpayers
    If your filing status isAnd at the end of 2017 you wereThen you must file a return if your gross income was at least
    Singleunder 65$10,400
    65 or older$11,950
    Married filing jointlyunder 65 (both spouses)$20,800
    65 or older (one spouse)$22,050

Updated: 25th November 2019

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