in [Event] Ask the Experts: Tax Law Changes - One Big Beautiful Bill
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It is true that the minimum income amount depends on your filing status and age. In 2020, for example, the minimum for single filing status if under age 65 is $12,400. If your income is below that threshold, you generally do not need to file a federal tax return.
However, it may be an advantage to file if there was any withholding.
In California you would not be required to file if income was below $12,400 for under 65.
-follow this link for more information-
It is true that the minimum income amount depends on your filing status and age. In 2020, for example, the minimum for single filing status if under age 65 is $12,400. If your income is below that threshold, you generally do not need to file a federal tax return.
However, it may be an advantage to file if there was any withholding.
In California you would not be required to file if income was below $12,400 for under 65.
-follow this link for more information-
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tbduvall
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in [Event] Ask the Experts: Tax Law Changes - One Big Beautiful Bill
tbduvall
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