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If your income from 2024 exceeds the gross income threshold listed for your filing status, you’ll need to file taxes before the deadline, which is April 15, 2025, except in Maine or Massachusetts.
For example, heads of households must file if their gross income is $21,900 or more, and married people under 65 must file if their gross income is $29,200 or more. The threshold drops to $5 for ...
However, if you earned $500, you’re still required to report that income on your tax return even though you likely won’t receive a W-2. Here’s a tax-filing checklist of all the information ...
Here's everything you need to know about filing your 2023 tax return. ... 2024 at 7:31 AM. ... Those with a higher adjusted gross income can use Free File Fillable Forms.
That means, for example, that a single tax filer with $45,000 of taxable income would have a top tax rate of 12% in 2024, whereas that same taxpayer would have had a top tax rate of 22% in 2023.
The amount of income that you can earn before you are required to file a tax return also depends on the type of income, your age and your filing status.
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