La Quinta, CA
(760) 895-3516

Tuesday, May 5, 2015

Income Tax Filing Requirements Chart for Most Taxpayers 2015

Please see the below Income Tax Filing Requirements Chart for most taxpayers 2015:


2015 Income Tax Filing Requirements Chart for Most Taxpayers

Gross Income Net Self Employment Income
Single $10,300 $400
HofH $13,250 $400
MFJ $20,600 $400
MFS $10,300 $400


There is a formula to figure the gross income thresholds. In most cases, the gross income threshold is calculated by adding the standard deduction* (not including blind amounts) and personal exemption amounts** (not including dependency exemption).

Threshold $ = Standard Deduction* + Personal Exemption**