Do I need to file a federal return this year?
Yes, if you had at least $400 in net earnings from self-employment (income minus expenses) or if you're a dependent with at least $1,000 in unearned income.
Otherwise, unless you're somebody's dependent (which goes by different filing requirements), use this chart to determine if you're required to file a return with the IRS.
|Filing Status||Age at December 31, 2015||Must file if gross income is|
|Single||Under 65||at least $10,300|
|65 or over||at least $11,850|
|Married Filing Jointly||Both spouses under 65||at least $20,600|
|Both spouses 65 or over||at least $23,000|
|One spouse under 65||at least $21,800|
|Married Filing Separately||N/A||at least $3,950|
|Head of Household||Under 65||at least $13,050|
|65 or over||at least $14,600|
|Qualifying Widow(er)||Under 65||at least $16,100|
|65 or over||at least $17,300|
- Do I need to file a state return?
- If I don't need to file a return, should I go ahead and file one anyway?
- Do I need to file my own taxes if I'm a dependent?
- Is my Social Security income taxable?