Do I need to make a certain amount in order to file? I didn't work much and I would probably only get 20 bucks back. Any advice?
2007-12-16 09:53:22 · 6 answers · asked by Taco Man 4 in Business & Finance ➔ Taxes ➔ United States
I only posted this because I don't want to spend time filing if I don't need to.
2007-12-17 06:41:25 · update #1
If you want your money back, you need to file.
You need to make at least $3400 before you are required to file.
2007-12-16 10:26:55 · answer #1 · answered by Steve 6 · 0⤊ 3⤋
That depends upon your filing status, the source of the income and your dependency status. If you are a single taxpayer and not the dependent of another taxpayer, the magic number for 2007 is $8,750 in wages from a job. If you could be claimed as a depedent it drops to $5,350. And if your income is from self-employment, it drops all the way to $400.
Even if you earned less than that, if any income tax was withheld you'll have to file to have that refunded.
2007-12-16 18:44:12 · answer #2 · answered by Bostonian In MO 7 · 1⤊ 0⤋
You are allowed to file no matter how little you made. However, for $20, it may not be worth the effort to file unless you are required. Being required usually starts at several thousand dollars, but at only a few hundred for persons who can be claimed as someone else's dependent.
2007-12-16 18:46:16 · answer #3 · answered by StephenWeinstein 7 · 0⤊ 1⤋
There's no minimum to file, as long as you had ANY income. If you had $20 withheld, you can file and get it back if you made under $5350 if you are a dependent, or $8750 if you aren't.
2007-12-16 22:36:45 · answer #4 · answered by Judy 7 · 0⤊ 0⤋
Complete a 1040ez form, it will take you about 15 minutes and a postage stamp. You will probably get all of your money back.
2007-12-17 12:41:12 · answer #5 · answered by Gary 5 · 0⤊ 0⤋
i think like 3500 a year or something
2007-12-16 18:05:43 · answer #6 · answered by tammydoesloans 1 · 0⤊ 4⤋