When do you have to file taxes?
Not everyone has to file taxes. Below are
situations when you will have to file your taxes.
You must file a federal income tax return is
you are a US citizen, US resident or a resident of Puerto Rico
and you meet the federal tax filing requirements. Self employed
people need to file taxes if their net earnings from self
employment were $400 or more.
In general, you need to file taxes if you
have gross income of at least the followings.
If your tax filing status is
|
AND at the end of 2007 you were..
|
Then file a tax return if your gross income
were at least...
|
| Single |
under 65 |
$8,750 |
|
65 or older |
$10,050 |
| Married filing
jointly |
under 65 (both
spouses) |
$17,500 |
|
65 or older (one
spouse) |
$18,550 |
|
65 or older (both
spouses) |
$19,600 |
| Married filing
separately |
any age |
$3,400 |
| Head of household |
under 65 |
$11,250 |
|
65 or older |
$12,550 |
| Qualifying widow(er) with
dependent Child |
under 65 |
$14,100 |
|
65 or older |
$15,150 |
If you were born on January 1, 1943, you are
considered to be age 65 at the end of 207.
|