0.4 C
New York
Sunday, February 9, 2025

12 Submitting-Season Tax Details for 2024

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2. Taxpayers above these earnings thresholds should file.

A return should be filed by each particular person whose gross earnings equals or exceeds the next limits in 2024.

Married {couples} submitting collectively who earn $29,200 should file. This quantity will increase if one partner is 65 or older to $30,750, whereas if each spouses are 65 or older, it will increase to $32,300.

Surviving spouses with earnings of $29,200 should file. If 65 or older, it’s $30,750.

Heads of family should file if earnings exceeds $21,900. If 65 or older, this will increase to $23,450.

Single individuals should file when earnings exceeds $14,600, or $16,150 if over age 65.

Married individuals submitting individually additionally should file at $14,600. If 65 or older, this quantity is $16,150.

Dependents should file a return for 2024 if they’ve unearned earnings in extra of both $1,300 or the sum of $450 and the person’s earned earnings.

Credit score: Shutterstock

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