Home Forums FAQ’s How much money do I have to make to file taxes?

1 reply, 2 voices Last updated by  Refundtalk 1 year, 8 months ago
  • tara berks
    Moderator
    @t_berks
    #7332

    How much money do I have to make to file taxes?

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    Refundtalk
    Keymaster
    @admin
    #7333

    There are various thresholds, depending on your filing status, age, and the type of income you receive. For instance, if you’re single, under 65 and your income was below $10,350 last year, you generally don’t need to file federal taxes. This IRS tool can help you figure out if you need to file a tax return.
    Even if appears you don’t have to file, experts say it’s generally a good idea to fill in the blanks on a return and see what your bottom line would be. About 70% of Americans are expected to qualify for refunds this year, according to the IRS, but many people never file to collect. The average unclaimed refund is nearly $700. Especially for lower-income Americans, a number of credits and deductions could make you eligible for a refund.

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