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  
 

crissie_bell
Jan 13, 2007, 07:41 AM
how much money does one have to earn per year before they have to file income taxes

AtlantaTaxExpert
Jan 15, 2007, 10:24 AM
The combination of your personal exemption ($3,300) and your standard deduction ($5,150) for a total of $8,450.

So if you make $8,450 or less, you have no requirement to file an income tax return.

However, you may want to file a tax return to get withheld taxes back or to qualify for the Earned Income Credit of, if you have children, the Child Tax Credit.