Do I Have To File Taxes?

This is the big question, Publications 501 and i1040 have the answers

Here the some charts

From Pub 501

“Table 1—For Most Peopletable-1

 

 

FROM i1040

“Chart B—For Children and Other Dependents (See the instructions for line 6c to find out if someone can claim you as a dependent.)

If your parent (or someone else) can claim you as a dependent, use this chart to see if you must file a return.

In this chart, unearned income includes taxable interest, ordinary dividends, and capital gain distributions. It also includes unemployment compensation, taxable social security benefits, pensions, annuities, and distributions of unearned income from a trust. Earned income includes salaries, wages, tips, professional fees, and taxable scholarship and fellowship grants. Gross income is the total of your unearned and earned income.

Single dependents. Were you either age 65 or older or blind?

No. You must file a return if any of the following apply.

  • Your unearned income was over $1,050. Your earned income was over $6,300.
  • Your gross income was more than the larger of—
    • $1,050, or
    • Your earned income (up to $5,950) plus $350.

Yes. You must file a return if any of the following apply.

  • Your unearned income was over $2,600 ($4,150 if 65 or older and blind). Your earned income was over $7,850 ($9,400 if 65 or older and blind).
  • Your gross income was more than the larger of—
    • $2,600 ($4,150 if 65 or older and blind), or
    • Your earned income (up to $5,950) plus $1,900 ($3,450 if 65 or older and blind).

Married dependents. Were you either age 65 or older or blind?

No. You must file a return if any of the following apply.

  • Your unearned income was over $1,050. Your earned income was over $6,300.
  • Your gross income was at least $5 and your spouse files a separate return and itemizes deductions. Your gross income was more than the larger of—
    • $1,050, or
    • Your earned income (up to $5,950) plus $350.

Yes. You must file a return if any of the following apply.

  • Your unearned income was over $2,300 ($3,550 if 65 or older and blind). Your earned income was over $7,550 ($8,800 if 65 or older and blind).
  • Your gross income was at least $5 and your spouse files a separate return and itemizes deductions. Your gross income was more than the larger of—
    • $2,300 ($3,550 if 65 or older and blind), or
    • Your earned income (up to $5,950) plus $1,600 ($2,850 if 65 or older and blind).

 

Chart C—Other Situations When You Must File”

You must file a return if any of the five conditions below apply for 2015.

1.

You owe any special taxes, including any of the following.

a.

Alternative minimum tax.

b.

Additional tax on a qualified plan, including an individual retirement arrangement (IRA), or other tax-favored account. But if you are filing a return only because you owe this tax, you can file Form 5329 by itself.

c.

Household employment taxes. But if you are filing a return only because you owe this tax, you can file Schedule H by itself.

d.

Social security and Medicare tax on tips you didn’t report to your employer or on wages you received from an employer who didn’t withhold these taxes.

e.

Recapture of first-time homebuyer credit. See the instructions for line 60b.

f.

Write-in taxes, including uncollected social security and Medicare or RRTA tax on tips you reported to your employer or on group-term life insurance and additional taxes on health savings accounts. See the instructions for line 62.

g.

Recapture taxes. See the instructions for lines 44, 60b, and line 62.

2.

You (or your spouse, if filing jointly) received health savings account, Archer MSA, or Medicare Advantage MSA distributions.

3.

You had net earnings from self-employment of at least $400.

4.

You had wages of $108.28 or more from a church or qualified church-controlled organization that is exempt from employer social security and Medicare taxes.

5.

Advance payments of the premium tax credit were made for you, your spouse, or a dependent who enrolled in coverage through the Marketplace. You or whoever enrolled you should have received Form(s) 1095-A showing the amount of the advance payments.

 

Source IRS Publications. For more information PUB 501  and Pub i1040

These charts are only for information, as always, ask your tax adviser for guidance

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