Yes, you are above the filing requirements for Federal. You did not tell us what state.
Are you a dependent on some one elses tax return?
Even if you're a
dependent, you'll generally need to file your own 2017 tax return if:
- Your earned income (money you made by working) exceeds $6,350, or
- Your unearned income (interest, dividends,
capital gains, etc.) exceeds $1,050, or
- Your business or
self-employment net income (gross minus expenses) is at least $400, or
- Your gross income (earned plus
unearned) exceeds the larger of $1,050 or your earned income (up to $6,000)
plus
- $350.
If you are not a dependent and are single, you have to file a return if you have income over $10.400.
See IRS Pub 501 for more information.
