Tax Filing Requirement

1
min read
A- A+
read

Tax Filing Requirement

0 comments

The minimum amount or threshold of income requiring you to file a federal tax return.

• 2024 filing requirements for most taxpayers

If you have income below the standard deduction threshold for 2024, which is $14,600 for single filers and $29,200 for those married filing jointly, you may not be required to file a return. However, you may want to file anyway.

♦ This value is actually the standard deduction.

Over 65 individuals and couples have slightly higher thresholds.

Different thresholds apply for dependents and those who use other tax filing statuses (like married filing separately).