The following information was prepared pursuant to IRS Publication 501 and is not intended to take the place of Publication 501. Most taxpayers are required to file a return if they earn income larger than the standard deduction for the current tax year. However, there are other factors to consider such as Marketplace Insurance, self-employment income, church income, and others.
See the attached flowchart for assistance determining whether or not a taxpayer should file a tax return. The flowchart is in no way to take the place of advice from a tax professional. Not every scenario where a taxpayer must file are covered in the flowchart.
If you have additional questions please contact a tax professional.
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