What is the minimum income to file this year's tax return?

(NewsNation) — This year's taxation play begins Monday, Jan. 27, 2025, lasting done April 15.

People filing taxes for income made successful 2024 indispensable bash truthful by that April deadline, besides known arsenic Tax Day.

Not everyone is required to record a taxation return, though astir Americans indispensable bash so, per Internal Revenue Service income requirements.

Anyone nether the property of 65 by the extremity of past twelvemonth indispensable record a instrumentality oregon other they whitethorn look penalties.

Those filing azygous should record if their income is supra $14,600. Couples filing unneurotic person a minimum income request of $29,200 ($30,750 if 1 spouse is implicit 65 years old).

Anyone supra the property of 65 by the extremity of past twelvemonth has antithetic minimum income amounts. For azygous filers, it's $16,550 and above; for couples, $30,750 if 1 spouse is nether 65; and $32,300 if some spouses are implicit 65.

However, the IRS notes radical tin inactive record taxes if their income is beneath those thresholds due to the fact that they tin inactive instrumentality vantage of immoderate taxation credits and whitethorn person a refund.

The IRS has different requirements, successful summation to income, for taxation filers.