The Internal Revenue Service (IRS) anticipates that more than 140 million taxpayers will begin filing their forms this week on January 27, which marks the formal start of tax season.
The IRS is currently undergoing a major revamp to enhance its technology and customer service procedures.
This includes the implementation of Free File tools, which are software programs that allow individual taxpayers to submit their tax returns.
What is the minimum amount of money you need to make in order to file taxes in 2025?
If your gross income in 2024 was at least $14,600 for a single filer, $29,200 for married filing jointly, or $21,900 for head of household, you are required to file a tax return in 2025.
If you are 65 years old or older at the end of 2024, the minimum income limits will be greater.
The rules are different if someone else is able to claim you as a dependent. If any of the following requirements apply to you, you are required to file a tax return.
“This has been a historic period of improvements for the IRS, and people will see additional tools and features to help them file their taxes during this tax season,” IRS Commissioner Danny Werfel stated. “The taxpayer-focused improvements we’ve made so far are important, but they’re just the beginning of what the IRS needs to do. More can be done with continued investment in the nation’s tax system.”
If your unearned income exceeded $1,300 for individuals under the age of 65, $3,250 for individuals aged 65 and over, and $5,200 for individuals over the age of 65 with visual impairment.
If you are under 65 years old, your employment income was more than $14,600. If you are 65 years old or older, it was more than $16,550. If you are over 65 years old and visually handicapped, it was more than $18,500.
2025 Tax Season: How Much You’ll Pay Based on New Tax Brackets and Rates
Your gross income was greater than the greater of $1,300 or your earned income (up to $14,150) for those under age 65; plus $450; $3,250 or your earned income (up to $14,150), plus $2,400, for those age 65 and older, and $5,200 or your earned income (up to $14,150), plus $4,350 for those age 65 and older and visually impaired.
When does the tax season for 2025 come to a close?
Taxpayers in the United States must submit their tax returns by April 15, 2025. However, individuals who receive a valid tax extension will have until October 15, 2025, to file their reports.
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