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Home > Money & Services > Taxes   »   earnings for filing income taxes

 
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Old Jan 13, 2007, 07:41 AM
crissie_bell
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earnings for filing income taxes

how much money does one have to earn per year before they have to file income taxes

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Old Jan 15, 2007, 10:24 AM   #2  
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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.
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