Not trying to scam the govt, but didn't make a lot at one job and don't want to wait for W-2
2007-01-17 06:08:05 · 5 answers · asked by tinamarie248 2 in Business & Finance ➔ Taxes ➔ United States
You have to make more than $3300 + your filing status before you're required to file (I'm assuming you're single):
Single: 3300 + 5150 = $8450
If your income is below this amount, you'll owe nothing, and so you don't have to file. If you had income taxes withheld, you have to file if you want your refund regardless of how much you made.
(Rawson is wrong. All of your pennies are taxable, but according to the tax code, section 6012, you're withn the "zero bracket" and not required to file if all of your pennies added together fall below your exemptions + standard deduction.)
2007-01-17 06:16:53 · answer #1 · answered by Anonymous · 1⤊ 0⤋
It's your total income, not that from any given job, that determines the answer to your question. If the total is over the limit where you're required to file, then you have to file ALL of your W-2's even if some of them are very small.
2007-01-17 23:00:28 · answer #2 · answered by Judy 7 · 0⤊ 0⤋
Legally, if you made a single penny last year, you have to claim it on your taxes. There is a standard deduction, which if your income falls below that mark, then you won't end up owing anything, but you still have to file that penny with the IRS.
2007-01-17 14:11:49 · answer #3 · answered by rawson_wayne 3 · 0⤊ 1⤋
You have to had up all of your W2s together.
If you are over the minimum, there is no such thing is having a W2 that is too small to file.
You should wait for all of your W2s before you file.
2007-01-17 14:20:19 · answer #4 · answered by Wayne Z 7 · 1⤊ 1⤋
its like less than 3k, around that, and remember, w2's aren't the only thing that goes into gross income. you could end up owing some.
2007-01-17 14:24:20 · answer #5 · answered by Timothy S 3 · 0⤊ 1⤋