2013 Income Tax Returns: Will You Need To File?

If you fall under any of the categories below, you are required to file a 2013 Income tax Return

Single Taxpayers – Taxpayers who are under age 65 and have gross income of at least $10,000 must file a 2013 tax return. If you are over age 65 and have gross income of $11,500 you must file a 2013 tax return.

 

Married Filing Jointly Taxpayers – If both spouses are under age 65 and income is at least $20,000, you must file a 2013 tax return.  If one of the spouses are age 65 or older and have gross income of at least $21,200, you must file a 2013 tax return. If both spouse are 65 or older and have gross income is at least $22,400, you must file a 2013 tax return.

 

Married Filing Separately – A taxpayer who made at least $3,900 must file a 2013 tax return.

 

Head of Household – To be considered for the Head of Household status, a taxpayer must generally be unmarried and have provided at least 51% of support for a qualifying child or dependent. If taxpayer was married, but did not live with his/her spouse for the entire last 6 months of the year, he/she may qualify as Head of Household. If you are under the age of 65 and had gross income of at least $12,850, you must file a 2013 tax return. If you are at least 65 or older and had gross income of at least $14,350, you must file a 2013 tax return.

 

Qualifying Widower With Dependent Child – If you are under age 65 and had gross income of at least $16,500, you must file a 2013 tax return. If you are at least 65 or older and had gross income of at least $17,300, you must file a 2013 tax return. Note: Taxpayers whose spouse passed away in 2013 must file under married filing jointly.

 

Note: “If you were born before January 2, 1949, you are considered to be 65 or older at the end of 2013. Gross income means all income you receive in the form of money, goods, property, and services that is not exempt from tax, including any income from sources outside the United States or from the sale of your main home (even if you can exclude part or all of it)”1

 

 

References:

1Who Must File. http://www.irs.gov/publications/p501/ar02.html