ilmscore | You are NOT Required to File a Tax Return in These Situations

Predictions from this Video

Total: 10
Correct: 0
Incorrect: 0
Pending: 10
Unrated: 0
Prediction
Topic
Status
Single individuals not claiming a child with employee income under $12,200 are not required to file taxes.
"you are single you're not claiming a child and your only source of income is you working as an employee and you made under twelve thousand two hundred dollars if that's your situation you are not required to file a tax return"
Tax Filing Thresholds for Employees
Pending
Married couples filing jointly, not claiming a child, with combined employee income under $24,400 are not required to file taxes.
"you are married filing jointly you are not claiming a child and you and your spouse as employees or as an employee earned under twenty four thousand four hundred in this situation you are not required to file a tax return"
Tax Filing Thresholds for Married Couples Filing Jointly
Pending
Single individuals claiming dependents with employee income under $18,350 are not required to file taxes.
"you are single you are claiming a child or children and you worked as an employee and made under eighteen thousand three hundred and fifty dollars if that's the case you are not required to file a tax return"
Tax Filing Requirement for Single Filers with Dependents
Pending
Married couples filing jointly, claiming dependents, with combined employee income under $24,400 are not required to file taxes.
"you're married filing jointly you are claiming a child or children and your earned income from working as an employee is under twenty four thousand four hundred if that's the case you are not required to file a tax return"
Tax Filing Requirement for Married Couples Filing Jointly with Dependents
Pending
Individuals with over $400 in self-employment profits are required to file a tax return.
"if you made over $400 in profits from your business from contracting consulting your Hustle whatever it is that you do for self-employment income then you are required to file tax return"
Self-Employment Tax Filing Threshold
Pending
Dependents earning $12,200 or less as employees do not need to file their own tax return.
"if you're claiming your child as your dependents and they made working as an employee twelve thousand two hundred dollars or less in that situation they do not need to file their own separate tax return"
Child Tax Filing Requirement (Employee Income)
Pending
Dependents earning $1,100 or more in interest and/or dividend income must file their own tax return.
"if your child made eleven hundred dollars or more in interest and/or dividend income then unfortunately they need to file their own separate tax return"
Child Tax Filing Requirement (Interest/Dividend Income)
Pending
For single filers, if half of Social Security benefits plus other taxable income exceeds $25,000, a portion of Social Security benefits will be taxable.
"half the social care benefits and your other income if that amount is going to exceed $25,000 as a single person or $32,000 as a married filing joint couple but in that situation a portion of your social secur benefits will be taxable"
Social Security Benefits Taxability Threshold (Single Filer)
Pending
For married couples filing jointly, if half of Social Security benefits plus other taxable income exceeds $32,000, a portion of Social Security benefits will be taxable.
"half the social care benefits and your other income if that amount is going to exceed $25,000 as a single person or $32,000 as a married filing joint couple but in that situation a portion of your social secur benefits will be taxable"
Social Security Benefits Taxability Threshold (Married Filing Jointly)
Pending
If your taxable income is below the standard deduction amount, you are not required to file a tax return.
"if your income subject to tax is below the standard deduction amount then you are not required to file a tax return"
Taxable Income Threshold for Filing Requirement
Pending