Last year I worked and made about $2500. Do I have to file taxes? I read somewhere that if you worked for a company and made below about $5000, then you are not required to file taxes. Additionally, college students who have work study jobs are also issued W2 forms. In all, I only made at most $4000, do I have to file taxes this year?
2007-01-23 21:31:26 · 4 answers · asked by XxOrchidxX 2 in Business & Finance ➔ Taxes ➔ United States
ssuming you are single you can earn up to $5,150 in salary/wages and not pay any tax. If you had taxes withheld from your wages you would need to file to get a refund of those taxes. If no taxes were withheld then you don't even have to file a return if you only made $4,000 for the year.
2007-01-23 22:49:13 · answer #1 · answered by waggy_33 6 · 1⤊ 1⤋
A single person who is not claimed as a dependent by another taxpayer does not need to file a return if they had income of less than $8450 for 2006. However, if any income tax was withheld from your wages you must file a return in order to receive a refund of those taxes.
2007-01-24 07:08:35 · answer #2 · answered by Bostonian In MO 7 · 1⤊ 0⤋
If you are an Indian citizen and gone abroad to work there is no need to file tax
2007-01-24 05:36:26 · answer #3 · answered by rajesh m 3 · 0⤊ 0⤋
The normal answer is no, you don't have to, but if your employer deducted (withheld) taxes, then to get the money back, you have to file at least a 1040EZ.
2007-01-24 05:51:33 · answer #4 · answered by Mike1942f 7 · 2⤊ 0⤋