Skip to content
All posts

"Do I need to file taxes if I made less than $12,000?"

You are required to file taxes if you earned more than the minimum threshold for your filing status. For 2020, if you are a single filer under the age of 65, you must file a tax return if your gross income was at least $12,400. However, if you are claimed as a dependent on someone else's tax return, you must file a tax return if your earned income is above $12,400 or your unearned income is above $1,100. Additionally, there may be other factors that require you to file taxes, such as self-employment income or certain types of investment income. It is always recommended to consult with a tax professional or an attorney if you have any questions or uncertainties about whether you need to file taxes.