2007-02-26 07:53:20 · 5 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ Other - Taxes
How much you can make without filing depends on your age, dependency status, and filing status. If you are not a dependent, you are required to file a 2006 federal income tax return if your income is equal to or greater than the below amount for your filing status and age:
Single:
- under 65: $8,450
- over 65: $9,700
Head of Household
- under 65: $10,850
- over 65: $12,100
Married Filing Separate:
- $3,300
Married Filing Jointly:
- both under 65: $16,900
- one over 65: $17,900
- both over 65: $18,900
Qualifying Widow(er):
- under 65: $13,600
- over 65: $14,600
There are also some special rules for married individuals living apart at the end of the year. For dependents filing requirement or for more detailed information, check out the link below. Good luck! :-)
2007-02-26 08:19:09 · answer #1 · answered by Anonymous · 1⤊ 0⤋
You know there may be a number at which you technically do not have to file tax return, but my suggestion is: If you made any money Do File!
Why? Because it is cleaner that way. The government will let you not file only if they are absolutely positive that you wouldn't owe any income tax anyway, in which case if any tax was withheld from your paychecks, you may be getting something back. If you didn't make a lot of money, you can probably file your Federal Tax on-line free. Just go to www.irs.gov and follow Free Filing link.
Under some circumstances you may be getting back even more than you thought. If your taxes are simple, filing on-line may take less time and effort than actually typing this question here...
Once you file, you sort of settled your case with IRS, if you don't file, it's open, and if they suspect something you have to deal with them and it may cost you more than filing now.
That is my suggestion. Good luck.
2007-02-26 09:41:36 · answer #2 · answered by Alexander K 3 · 0⤊ 0⤋
Twenty Million Three Hundred Eighty Four Thousand if you lived in rural Wisconsin.
Eighteen Million if you lived in suburban Los Angeles.
Why file?
2007-02-27 05:42:10 · answer #3 · answered by bold4bs 4 · 0⤊ 1⤋
you should fill a return reguardless of what you made...Lets
or listen to bold up there you and he can play cards together in jail
2007-03-01 06:16:42 · answer #4 · answered by letsget_dangerous 4 · 0⤊ 0⤋
$8,300
2007-02-26 08:00:31 · answer #5 · answered by boricua_lilly 3 · 0⤊ 2⤋