pej929
Apr 12, 2008, 04:11 PM
What is the minimum income you must earn to be required to file a 2007 individual federal income tax return as a single dependent?
pej929 Apr 12, 2008, 04:11 PM What is the minimum income you must earn to be required to file a 2007 individual federal income tax return as a single dependent? N0help4u Apr 12, 2008, 04:30 PM I heard around $3,000. Not knowing your income I would suggest you file out a 1040a if you have taxable income you may be eligible for the $300. rebate. You definitely should be eligible for Earned Income Credit. If you made very little you should get back what you have paid into taxes. I made $903.00 paid $41.00 fed tax and $28.00 state tax. I am getting the $41. and the $28. back plus $71.00 Earned income credit. Since I am getting my taxes back I didn't qualify for the rebate. MukatA Apr 12, 2008, 09:09 PM • Your unearned income was more than $850. • Your earned income was more than $5,350. • Your gross income was more than the larger of:$850 (for 2008 $900), or Your earned income (up to $5,050) plus $300. • Your self employed income is $400 or more. Read: Your U.S. Tax Return: Filing Requirement for a Dependent (http://taxipay.blogspot.com/2008/02/filing-requirement-for-dependent.html) Copyright ©2005-, Ask Me Help Desk
|
||||||||