0
Maybe.
For example, self-employment income of more than $400 requires filing.
And most people only think about income from a job. Did you include income from other sources like interest on a bank account or the taxable portion of a scholarship?
Even if the student is not required to file, they should file if they had any tax withheld from their wages or other payments in order to get whatever refund they may be entitled to.
To see who needs to file a federal return, see Tables 1, 2, and 3 on pages 2, 3, and 4 of Publication 501:
http://www.irs.gov/pub/irs-pdf/p501.pdf
State requirements can be different than federal requirements. For example, in Pennsylvania anyone with $33 in taxable income must file a state return.
What else can I help you with?
How much income do you have to earn before you file income tax return as a student?
$10,000
Does a single student earning 3132.25 in 2007 need to file a federal tax return and will any taxes be owed?
If you're a single student claimed as a dependent on your parents' (or someone else's) return, you weren't required to file in 2007 if your income was under $5,350. If you weren't being claimed as a dependent by anyone else, you weren't required to file if your income was under $8,750. But if income tax were withheld from your earnings during the year, you should file a return in order to get a refund of that tax. If you didn't file a return in 2008 for a refund of your 2007 tax withheld, you still can file for that year.
Do you have to file a federal income tax return if you only made less than 3000?
Usually no. If you're Single under 65 and your gross income is under $8,950 for 2008 (under $9,350 for 2009), then you aren't required to file. However, even if you're not required to file, you should file if income tax was withheld from your paychecks in order to receive a refund of that tax. You also should file if you're eligible for certain tax credits such as earned income.
Can dependents file taxes?
Yes. The IRS has income guidelines for determining whether dependents are required to file their own tax returns. Generally, for 2008 income, dependents are required to file if single under 65 with earned income of over $5,450 ($5,700 for 2009) or if married under 65 with earned income of over $6,800 ($7,100 for 2008). Even if your income is below the level requiring you to file, you should file if income tax was withheld from your earnings in order to receive a refund of that tax.
How much do you have to make to be required to file income tax returns?
Generally, you're required to file tax returns if, for your filing status, your income is above a particular level. For 2009, if Single under 65, you have to file when your income is at least $9,350 or Single 65 and older when your income is at least $10,750.Married Filing Jointly files when your income is at least $18,700 under age 65 or income at least $19,800 when one spouse is 65 and older or income at least $20,900 when both spouses 65 and older.Married Filing Separately must file if their income is at least $3,650.Head of household must file when income is at least $12,000 under age 65 or at least $13,400 65 and older.Qualifying widow(er) with dependent child must file when income is at leat $15,050 under 65 or at least $16,150 65 and older.If you're claimed as a dependent and single or married under 65 you're required to file if your earned income is over $5,700.
How much income do you have to earn before you file income tax return as a student?
$10,000
Does a single student earning 3132.25 in 2007 need to file a federal tax return and will any taxes be owed?
If you're a single student claimed as a dependent on your parents' (or someone else's) return, you weren't required to file in 2007 if your income was under $5,350. If you weren't being claimed as a dependent by anyone else, you weren't required to file if your income was under $8,750. But if income tax were withheld from your earnings during the year, you should file a return in order to get a refund of that tax. If you didn't file a return in 2008 for a refund of your 2007 tax withheld, you still can file for that year.
Do you file for taxes if you are a full-time student dependent on student loans?
Yes it is possible that as a full time student you would be required to file a 1040 federal income tax return
Do I have to file a tax return as a student?
As a student, you may need to file a tax return if you have earned income that meets the filing requirements set by the IRS. It's important to check the guidelines to determine if you are required to file.
Do you have to file a federal income tax return if you only made less than 3000?
Usually no. If you're Single under 65 and your gross income is under $8,950 for 2008 (under $9,350 for 2009), then you aren't required to file. However, even if you're not required to file, you should file if income tax was withheld from your paychecks in order to receive a refund of that tax. You also should file if you're eligible for certain tax credits such as earned income.
Can you file taxes if you are paid under the table?
No, you cannot file taxes if you are paid under the table because this income is not reported to the government.
When is it mandatory to file income tax forms?
It's mandatory to file a federal income tax form when you reach a certain income level for your filing status. Generally for 2009: Single under 65 if income is at least $9,350 or 65 and older if income is at least $10,750. Married filing jointly when both are under 65 if income is at least $18,700, or when one is 65 and older if income is at least $19,800, or when both are 65 and older if income is at least $20,900. Married filing separately must file when their income is at least $3,650. Head of household under 65 must file if income is at least $12,000, or at 65 and older when income is at least $13,400. Qualifying widow[er] with dependent child under 65 must file if income is at least $15,050, or when 65 and older when income is at least $16,150.
Can dependents file taxes?
Yes. The IRS has income guidelines for determining whether dependents are required to file their own tax returns. Generally, for 2008 income, dependents are required to file if single under 65 with earned income of over $5,450 ($5,700 for 2009) or if married under 65 with earned income of over $6,800 ($7,100 for 2008). Even if your income is below the level requiring you to file, you should file if income tax was withheld from your earnings in order to receive a refund of that tax.
How much do you have to make to be required to file income tax returns?
Generally, you're required to file tax returns if, for your filing status, your income is above a particular level. For 2009, if Single under 65, you have to file when your income is at least $9,350 or Single 65 and older when your income is at least $10,750.Married Filing Jointly files when your income is at least $18,700 under age 65 or income at least $19,800 when one spouse is 65 and older or income at least $20,900 when both spouses 65 and older.Married Filing Separately must file if their income is at least $3,650.Head of household must file when income is at least $12,000 under age 65 or at least $13,400 65 and older.Qualifying widow(er) with dependent child must file when income is at leat $15,050 under 65 or at least $16,150 65 and older.If you're claimed as a dependent and single or married under 65 you're required to file if your earned income is over $5,700.
How much money do you have to make throughout the year before you need to file federal taxes returns?
The amount of money that you have to make [i.e., income requirement] that requires filing a federal tax return is determined by your age and filing status. For 2009 income, generally if you're single and under 65, you must file if your total income is $9,350 and over. If you're 65 or older, then you must file if your total income is $10,750 and over.If you're married filing jointly and both are under 65, then you must file if your income is $18,700 and over. If only one spouse is 65 or older, then you must file if your income is $19,800 and over. If both spouses are 65 or older, your income must be $20,900 or over.Married filing separately is required to file if their total income is at least $3,650.Head of household under 65 must file if their income is at least $12,000. At 65 or older, they must file if their income is at least $13,400.Qualifying widow[er] with dependent child under 65must file if their income is at least $15,050. At 65 or older, they must file if their income is at least $16,150.
Can a student with 3 children file an income tax return if student loans are the only source of income?
No. Student loans, while you're receiving them, aren't taxable.For more information, go to www.irs.gov/individuals/students for the article, 'Taxable Income for Students'.Also go to www.irs.gov/formspubs for Publication 525 (Taxable and Nontaxable Income).
Can a dependent file own tax return if claimed on parents' tax return?
Yes. The IRS has income guidelines for determining whether dependents are required to file tax returns. Generally, for 2008 income, dependents are required to file if single under 65 with earned income of over $5,450 ($5,700 for 2009) or if married under 65 with earned income of over $6,800 ($7,100 for 2008). Even if your income is below the level requiring you to file, you should file if income tax was withheld from your earnings in order to receive a refund of that tax.
