Ask Experts Questions for FREE Help!
 

Free Answers in 3 Easy Steps

Register Now
3 Steps
 


Ask QuestionsprogressAnswer QuestionsprogressBuild ReputationprogressBecome an Expert
 
At Ask Me Help Desk you can ask questions in any topic and have them answered for free by our experts. To ask questions or participate in answering them you must register for a free account. By registering you will be able to:
  • Get free answers from experts in any of our 300+ topics.
  • Accept money for answers that you provide.
  • Communicate privately with other members (PM).
  • See fewer ads.
  Answer this Question    Ask about Taxes    Ask about another Subject  
 

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
Single dependents, you must file a return if any of the following apply.
• 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)