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    lcbirdlover's Avatar
    lcbirdlover Posts: 1, Reputation: 1
    New Member
     
    #1

    Apr 18, 2011, 09:29 AM
    Taxes
    If I am married and we made $15,200 for the 2010 year, do we need to file Federal taxes? I live in the United States, by the way.
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
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    #2

    Apr 28, 2011, 04:23 PM
    You have a legal obligation to file, but if you file jointly, you will owe NO taxes, because the combination of your joint standard deduction ($11,400) and two personal exemptions will completely offset your $15K income.

    This assumes this is W-2 income. If it is 1099 income, then some self-employment tax may be due.

    If you need professional tax help with this, email me at [email protected] or [email protected].

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