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How much money do I have to make to file taxes?

Income Tax
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David McKeegan

Hello,

With regards to your message, you are only required to file a tax
return if you make over a certain income limit. These thresholds vary, but for someone who is single, that threshold is around $10,000. For those who are married and filing jointly, the threshold is closer to $20,000 (this would be both your incomes combined).

A big exception to this is if you are self employed. If you are Self-Employed, that number drops drastically to $400 (above this point you must file). 

I hope this helps!

Sincerely,


David McKeegan

Leave a Comment 409 weeks ago

 

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