Do I have to claim taxes if i made less than 8,000 dollars?

Question

I live in california, and i am currently a full time student (19 years old). I wanted to know if i have to claim taxes although i made only $8000. is there any minimum to claim taxes in California?

Any help will be appreciated.

Answer 1

yes!!!lol at you

Answer 2

Judy was correct about the amounts at which a Federal tax return is required. I have 3 things to add. As a full time student at age 19, you are probably still a dependent of your parents. If you had any Federal income tax withheld, you should file a return even if it is not required. That is the only way to claim the refund that you are probably due. I don't know California law, but every state where I do know the tax law only requires a state tax return if a Federal tax return is filed.

Answer 3

For filing federal taxes, the lower limit is $400 if you made that much -from self-employment. If it was from a job where you got a W-2, then the lower limit is $5150 if you can be claimed as a dependent, and $8450 if you can't be.

Those would be the rules for filing federal no matter where you live. I don't know about state taxes in California - somebody will probably answer that part.

Answer 4

Unless you don't want a $3000 check, then don't claim taxes. I was in the exact same situation, studying and low income (surprising how often those come together, huh? ), at almost exactly $8000 a year. I filed and got a little more than $3000. And you don't even have to pay the tax office if you choose to go through one, which I'd recommend. They'll take their fee from your return. The lower your income, the more money you will get, and there's more if you're a student. Just make sure your parents or nobody else are claiming you as their dependent.

Answer 5

Minimum is usually under $500. Other than tht you always must file.

You will get evrything back anyways, I think that your standard deductible will be like 7,000 and then since you are a student you can claim a hope education credit (if you are in your first two years of college) of the life education credit (whenever you are in college).

Look online for how to claim these, also your school should send you the information on how much you can claim.

Answer 6

I don't know about the State of California: but federally, you will still have to claim your taxes, but you will get a refund for all tax that was automatically deducted from your paycheck.

Answer 7

You mean do you file taxes, yes you should if you paid anything in to state or federal, chances are you are do a refund.

Answer 8

i think of you are the sole guy or woman who would have cashed your pay exams. Why you probably did no longer pay interest to what he grow to be deducting out of your pay examine till ultimately now? nevertheless, it is your duty to pay tax's. you are the guy who money the exams, no physique else get your income different than you....in case you owe tax's and you haven't got the money, call IRS and ask them to settle on your installment contract (style 9465). in case you have doubt on the subject of the whole volume he paid you, get reproduction of each pay inspect of your financial business enterprise. except your cash the exams from interior reach shops that's incredibly tricky to do.

Answer 9

Yes, Claim them..You will get all the taxes you made back.

Answer 10

No; But you should file so you get refunded what was taken out of your pay check in federal and state taxes.

Answer 11

Stop rubbing your money in our faces Richy Rich