what is the least amount of money earned that must be filed for taxes in Pa. ?

Question

im working two days a week, do i have to file income tax?

Answer 1

It takes less time to look this up than to ask the question in the first place.


If you are a PA resident, nonresident or a part-year PA resident, you must file a 2006 PA tax return if:
• You received total PA gross taxable income in excess of $33 during 2006, even if no tax is due with your PA return; and/or
• You incurred a loss from any transaction as an individual, sole proprietor, partner in a partnership or PA S corporation shareholder.

PA law does not exempt a minor from the above requirements to file a PA tax return even if claimed as a dependent on a federal return.

The executor, administrator, or other person responsible for the affairs of a decedent must file a PA tax return if the decedent met the above requirements.

Pennsylvania taxes eight classes of income: (1) compensation; (2) net profits from the operation of a business, profession or farm; (3) net gains or income less net losses from dispositions of property; (4) net gains or income from rents, royalties, patents and copyrights; (5) dividends; (6) interest; (7) gambling winnings (except Pennsylvania Lottery winnings); and (8) net gains or income derived through estates or trusts.

Answer 2

Yes, PA is kind of weird that way, but if your income is over $33 for the year, you have to file. Then they have a tax forgiveness program that turns around and forgives taxes for very low income people, but the still have to file. Be sure to check out the tax forgivess - it's a form SP, and the instructions, with the income limits to have taxes forgiven, are in the PA-40 instruction booklet.

The person who said $8000 is wrong, and is obviously thinking of federal taxes. You might or might not be required to file federal, but will have to file state.

Answer 3

Looks like $8000, double check with a tax specialist for sure.

From the source sited below:
"Individuals, estates and trusts must file annual returns on or before April 15th for the previous year's income. Individuals, estates and trusts with non-withheld income in excess of $8,000 annually must file and remit estimated payments by the 15th day of April, June, September and January for the preceding calendar quarter. There are special estimated tax provisions for farm income."

Answer 4

If you make more than $33, you have to file.

Answer 5

$.01

Even if you don't owe any taxes, you must still file.