What is the minimum income required to file a federal tax return?

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 you can make without filing 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
  • How much do you need to earn before paying tax?

    You can earn a certain amount of income each year, called your Personal Allowance, before you need to pay any Income Tax. In general, everyone gets the same Personal Allowance of £11,850 for the year 2018-19. However, you might get less if your income is over £100,000 or if you owe tax from a previous tax year.
B.

What is the minimum income to not pay taxes?

For single dependents who are under the age of 65 and not blind, you generally must file a federal income tax return if your unearned income (such as from dividends or interest) was more than $1,050 or if your earned income (such as from wages or salary) was more than $6,300.
  • Do you have to file a tax return if you made less than $500?

    No you would not be required to file a tax return for a W-2 of less than $500 assuming you had no other income. If any federal income tax was withheld, you should file a return to get a refund of the withholding.
  • How much can I earn when retired?

    For the year 2018, this limit on earned income is $17,040 ($1,420 per month). The amount goes up each year. If you are collecting Social Security retirement benefits before full retirement age, your benefits are reduced by $1 for every $2 you earn over the limit.
  • 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

Updated: 2nd October 2019

Rate This Answer

5 / 5 based on 2 votes.