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How much do I need to earn in income tax to file in 2019
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How much do I need to earn in income tax to file in 2019
Do you have a W-2 with an amount in box 2? Even a small amount of income could get you a tax refund. Or did you work for cash as an independent contractor?
DO I NEED TO FILE A TAX RETURN?
https://www.irs.gov/help/ita/do-i-need-to-file-a-tax-return
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How much do I need to earn in income tax to file in 2019
Simple answer: $12,200 the filing threshold for a single person who is not somebody else's dependent. That's when you have to file.
But taxes aren't simple. If you have more than $400 of self employment income, you have to file. Dependents with unearned income have to file at $1100. There are refundable credits available to people with earned income who are not required to file but should. You will want to file to get back any withholding in box 2 of your W-2.
There is no minimum you have to make to file, when not legally required to. The earned income credit starts at $1 of income and the refundable portion of the child tax credit starts at $2500.
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