Whether you need to file taxes if you make less than $11,000 a year depends on your filing status and other factors. For the tax year 2022, single filers under 65 are generally required to file if they earn at least $12,950. However, even if you earn less, you may want to file to claim refundable tax credits or a refund on any withheld taxes. It's best to check the IRS guidelines or consult a tax professional for your specific situation.
if u make less than 1200 a year no you dont have to file taxes
How much money can you make and not have to file taxes?
Generally, no, but always check with a tax preparer, CPA, or a tax attorney to be sure.
$600 is the line for filing taxes. So yes, if you made $2000 you should file.
I do not know. That is why I'm asking.
if u make less than 1200 a year no you dont have to file taxes
How much money can you make and not have to file taxes?
How much money can you make and not have to file taxes?
Generally, no, but always check with a tax preparer, CPA, or a tax attorney to be sure.
$600 is the line for filing taxes. So yes, if you made $2000 you should file.
You have to file the appropriate reports.
I do not know. That is why I'm asking.
Taxes are not age-dependent. In general, if you make money, then you have to file taxes. In some cases parents are allowed to fold the income of their minor children into their own tax returns, but if you have income at all, then SOMEBODY has to pay taxes on it.
You can file regardless of how much money you make. In fact you should file if you had any taxes withheld from your salary since that is the only way to get a refund. You probably want to know how much you can make before you *have to* file. The number in PA is astonishingly small. You have to file if you have at least $33 in taxable PA income.
It is extremely important to file your taxes ON TIME if you owe money whether or not you can pay. The penalty for failure to file on time is TEN TIMES as much as the penalty you will pay if you file but don't pay. People who can't pay their taxes often don't file. That is the most foolish mistake you can make and it will cost you big bucks. File and send as much as you can. Try to make other arrangements to pay the balance, but even if you can't make arrangements or pay anything, file on time.
11000 BC
Yes! You do file taxes, it is a State and Government law plus, having children should make it you get a tax return from your State and Federal.