The minimum income amount depends on your filing status and age. In 2022, for example, the minimum for single filing status if under age 65 is $12,950. If your income is below that threshold, you generally do not need to file a federal tax return. Review the full list below for other filing statuses and ages.
Married filing separately
$5 for all ages
You might also be required to file for other reasons, such as if you’re self-employed or paid on a 1099-MISC form, or bought health insurancefrom a state or federal marketplace. If you can be claimed as a dependent on someone else’s return, separate filing thresholds apply. Please see IRS Publication 501 for additional information.
If You're an Employee (W-2 Worker):
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W-2 Form: Provided by your employer, showing wages earned and taxes withheld.
If You're an Independent Contractor (1099 Worker):
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1099-NEC: Shows income received if you earned $600 or more from a client.
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Business Expense Records: Receipts and logs for deductible expenses (e.g., supplies, mileage, home office).
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Bank Statements: To verify income and expenses.
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Quarterly Tax Payment Records: If you made estimated payments.
Other Common Documents:
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Personal Information: SSN or ITIN for you, your spouse, and dependents.
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Identification: Driver’s license or government-issued ID.
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Healthcare Forms: 1095-A, 1095-B, or 1095-C if you had health coverage.
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Retirement Contributions: Records of IRA or 401(k) contributions.
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Education Expenses: Form 1098-T for tuition or 1098-E for student loan interest.
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Childcare Expenses: Provider’s name, address, and EIN/SSN.
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Direct Deposit Info: Bank account and routing numbers for refunds.
