Discussion:Income thresholds for filing tax return
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Discussion Forum Index --> Tax Questions --> Income thresholds for filing tax return
| 18 June 2007 | |
| Can anyone tell me where I can find the income thresholds for who must file a tax return historically?
This person last filed a return in 2000, and is single with very little income (under age 65). He wants to get current, and I'm trying to determine if he is even required to file each year. I assume the threshold is indexed for inflation, but I'm having a little trouble finding the limits for 2001 forward. Thanks in advance for any help. | |
| 18 June 2007 | |
| it's in the 1040 instructions for each year. Do you have the IRS CD of prior year forms? | |
| 18 June 2007 | |
| IRS gives the filing requirements for each year along with who must file. Income threshold is not the only item to take into consideration as there are refunds to think of, as well as receiving credits....you can search past areas of IRS website for forms, publications and get the thresholds and requirements for each year. | |
| 18 June 2007 | |
| Thanks for the responses. I'll check the IRS website for historic instructions. I didn't realize they would go back that far.
And this gentleman is a 1040-EZ with between 5k-10k of W2 wages yearly and no dependents, so unless he's got some investments he hasn't told me about, I thought I'd be safe using the earned income threshold. Thanks again! | |
| 18 June 2007 | |
| He may be entitled to refunds, so I would certainly go for it if not beyond any statutes of limitations....and the credits are a bonus!! | |
| June 18, 2007 | |
| Previous Years - Instructions, Forms, and Publications | |
| 18 June 2007 | |
| Good point Sandy. Deback - thanks, you are faster on the IRS site than me! | |
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