alacran
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TAXES,help
Could someone tell me the maximum amount that is deductible for single, and single household.
Also what is the maximum allowable income before have to declare taxes,
Thanks for the help.
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SFandH
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Gee, I guess it is April 15th isn't it.
Start here to see if you need to file:
https://www.irs.gov/uac/Do-I-Need-to-File-a-Tax-Return%3F
In general, http://www.irs.gov will answer your questions.
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mtgoat666
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Quote: Originally posted by alacran | Could someone tell me the maximum amount that is deductible for single, and single household.
Also what is the maximum allowable income before have to declare taxes,
Thanks for the help. |
The answer is always 2. No matter what the question is, the answer is always 2.
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Bajahowodd
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Assuming that this is about US tax filing, why is it on this forum?
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SFandH
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Because nomad alacran's location is mulege? Good enough reason for me.
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alacran
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Because I believe it is an American forum, and some of us live in Mexico. and still have or have not to file American taxes.
Thank you for your NO help.
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Bob and Susan
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https://www.turbotax.com/
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alacran
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Thank you all your answers, I was thinking that somebody knew the answer to my simp'le 2 questions.
I ques we are all ignorant to our (American) tax laws.
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bajaguy
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Maybe this might help:
http://taxfoundation.org/article/2015-tax-brackets
Quote: Originally posted by alacran | Could someone tell me the maximum amount that is deductible for single, and single household.
Also what is the maximum allowable income before have to declare taxes,
Thanks for the help. |
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Udo
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Udo
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BajaBreak
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Standard deduction: 6,300
Standard Exemption: 4,000
If your Adjusted Gross Income is less than those amounts combined, then you would get all of your paid federal taxes back. So, I believe, if you made
anything above that, then you would need to file, if you received 1099's or other income.
Sorry, just trying to be of some actual help...
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alacran
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Baja Break, thank you for a good answer.
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durrelllrobert
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can't use this or any other efile sites if you have to attcah a form 8962 (for obama care)
Bob Durrell
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SFandH
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this seems to indicate otherwise:
"Form 8962, Premium Tax Credit, is a form that you may be filing with your 2015 tax return. This form will be included in your return if you enrolled
for 2015 health coverage through Healthcare.gov or your state’s Health Insurance Marketplace."
https://ttlc.intuit.com/questions/2592878-what-is-form-8962-...
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bledito
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last I remember you have to file regardless of income. I think 7200 is the number for not having to pay any tax though a rather low income I would
think
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SFandH
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Quote: Originally posted by bledito | last I remember you have to file regardless of income. I think 7200 is the number for not having to pay any tax though a rather low income I would
think
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That's not correct. Here's an easy to read chart showing whether or not you need to file.
http://www.efile.com/tax/do-i-need-to-file-a-tax-return/#inc...
Scroll down a bit.
[Edited on 4-17-2016 by SFandH]
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durrelllrobert
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Whoops, you are correct unless you are
using form 1040 EZ
Bob Durrell
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alacran
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Thank you to all Nomads, that responded to my inquiry.
I have all the info. I needed.
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