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Get your taxes done using TurboTax
Q. If only wage income from w2(earned income), and no unearned income at all , then the amount should be $12550( year 2021). less than this amount, no need to file tax, is that correct?
A. Correct.
Q. What is the earned income amount for year 2019? Actually it is tax in 2019.
A. $12,200. It's adjusted for inflation each year.
Q. The key point is when gross income( earned plus unearned) over $1100, if this $1100 includes unearned income over $350 then need to file tax, is that correct?
A. Correct.
‎July 7, 2022
7:35 AM