Every individual has to furnish the return of his income tax if his/her total income before allowing deduction under Chapter VI-A (i.e., if his gross total income in the return form) exceeds the maximum amount which is not chargeable to income tax. The amount of gross total income not chargeable to income tax is:
a) Women (below the age of 65 years): Rs. 1,45,000
b) Any other individual (below the age of 65 years): Rs. 1,10,000
c) Any individual (65 years of age or above): Rs. 1,95,000 For e.g., a non-senior male having annual income above Rs. 1.1 lakh should file return, even if he can claim the entire Rs. 1.1 lakh in deductions. Any person to be considered 65 years of age or above should have achieved 65 years of age on or before 31st March, 2008.
by www.taxspanner.com
If a person collect Social Security and a pension (Teamsters) and nothing has been taken out of these items for years and they never filed since they retired, because they do not make that much money, do they have to file, This person said that things have changed since we got the first payment from the gov. last year. I say they do not have to file unless something has been taken out or they owe the go. please help Thanks Shirley
Sure. If you have income, you are required to file income taxes.
There is not a minimum income one must have in order to file taxes. Anyone can file taxes if they want.
Your income must be 58000 or less to file your federal income taxes for free. If your income is higher then you cannot file them for free from e-file.
Anyone with any income, or even without an income can file. You are required to file Federal taxes if you made more than $1,800. Illinois requires anyone that earns or receives income in the state to file state taxes.
I'm on SSDI do I file taxes on $10,300.00 total income
Can you still file income taxes even though no federal taxes were taken out of check?
$600
Yes you can file income taxes on $945.00 that you earned.
you don't have to file taxes if the total income was $100.00.
Requirements to file taxes is not based on age but income. If your income is below a certain amount, you do not have to file.
If worker's compensation is your only income for you and your family then no you don't have to file taxes. Worker's Compensation is not taxable on Federal Income Taxes.
yes