Minimum Amount To File Taxes 2024. Determining whether you need to file taxes primarily hinges on your gross income, age, and filing status. Single minimum income to file taxes in 2024:
Here are the answers to some of the most frequently asked questions about filing taxes. Depending on your age and filing status, the irs has minimum income thresholds that determine whether you must file a tax return.
Page Last Reviewed Or Updated:
A filing threshold is the minimum amount a person needs to earn in order to be eligible to file a tax report, with there being five filing statuses of:
Gross Income Refers To Your Total Income Before Deductions And Adjustments.
In 2024, when filing as โsingleโ, you need to file a tax return if your gross income level in 2023 was at least:.
Determining Whether You Need To File Taxes Primarily Hinges On Your Gross Income, Age, And Filing Status.
Images References :
Minimum Income Requirements For Filing Taxes.
Depending on your age, filing status, and dependents, for the 2023 tax year, the gross income threshold for filing taxes is between $12,950 and $28,700.
About Filing Your Tax Return.
There are five filing statuses:
Standard Deduction For 2023 (Taxes You File In 2024) Standard Deduction For 2024 (Taxes You File In 2025) Single.