No but you should. You might be eligible for the Earned Income Credit, and if you had any tax withheld you will get it all back.
$600 is the line for filing taxes. So yes, if you made $2000 you should file.
How much money can you make and not have to file taxes?
I'm 18 and i made only $3000 last year. I do not have to pay taxes. That i know for sure, so you're in the clear. I believe you don't need to file taxes unless you make $5700+ a year. Age is irrelevant.
Yes and you could have a federal income tax liability when you complete your income tax return correctly.
Absolutely, positively not.Whether your parents or anyone else claims you as a dependent has absolutely no effect on your obligation or ability to file taxes. Some people mistakenly believe that if your parents claim you as a dependent, they claim your income, your withholding and your refund, too. This is absolutely not true.People who make more than a certain amount are obligated to file taxes. However, ANYONE is permitted to file taxes. If you are due a refund, you must file taxes in order to get the refund. Your parents cannot get your refund for you. Whether your parents can claim you as a dependent has absolutely nothing to do with you. You must file your own taxes for your own income and withholdings. And if you owe taxes, you are obligated to file and pay them.
$600 is the line for filing taxes. So yes, if you made $2000 you should file.
How much money can you make and not have to file taxes?
How much money can you make and not have to file taxes?
I'm 18 and i made only $3000 last year. I do not have to pay taxes. That i know for sure, so you're in the clear. I believe you don't need to file taxes unless you make $5700+ a year. Age is irrelevant.
It takes 3000 dimes to make three hundred dollars.
Yes and you could have a federal income tax liability when you complete your income tax return correctly.
Absolutely, positively not.Whether your parents or anyone else claims you as a dependent has absolutely no effect on your obligation or ability to file taxes. Some people mistakenly believe that if your parents claim you as a dependent, they claim your income, your withholding and your refund, too. This is absolutely not true.People who make more than a certain amount are obligated to file taxes. However, ANYONE is permitted to file taxes. If you are due a refund, you must file taxes in order to get the refund. Your parents cannot get your refund for you. Whether your parents can claim you as a dependent has absolutely nothing to do with you. You must file your own taxes for your own income and withholdings. And if you owe taxes, you are obligated to file and pay them.
if u make less than 1200 a year no you dont have to file taxes
You do not have to file an income tax return if you make less than 3000 dollars. The amount of tax you have to pay would depend on your deductions as well an your income, so I cannot say exactly how much you would have to make before you would have to pay any tax. Se related question link below for a more complete discussion
They make up to 200-3000 dollars a night.
3000 dollars a month, if their lucky.
about 34k after taxes