whats the most amount of money you can make before having to file taxes?

Question

or does everyone have to file no matter how little they make?

Answer 1

It varies. The short answer is, if you make less than your standard deduction and personal exemption, you probably don't have to file. This is because you can't have a tax liability with that income. If you have federal income tax withheld, you should file anyway. You can only claim a refund if you file. Pages 12 and 13 of the 1040 instructions have charts to determine if you must file.

Answer 2

personal exemption + standard deduction

(3300 + 5150, if you're single)

If you have sources of income other than wages, you may have to file at a lower amount, especially if you have your own business and owe social security tax.

Answer 3

are you the dependent of someone else or do you claim yourself?


if someone else claims you, then file if more than $5,150

if you claim yourself, then file if more than $8,450

Answer 4

under $3000.......yes...you never know you might get money back