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After you file
Generally, if your income is below the standard deduction you will not need to file a tax return UNLESS you have income from self-employment of more than $400.
The Standard Deduction is as follows:
- $12,000 Single or Married Filing Separate
- $13,600 if single and over 65
- $18,000 Head of Household
- $24,000 Married Filing Jointly (add $1,300 per spouse over 65 years old)
If you have income from self-employment over $400, you will need to file even if your income is less than the standard deduction.
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‎June 4, 2019
2:56 PM
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