It’s been a year of job changes and layoffs. Let’s discuss minimum income requirements and how much money you have to make to file taxes. Minimum Income Requirements & Tax Status Let’s get right to it. Not everyone has to file taxes, and the need to file is based on minimum income requirements. If you don’t meet the minimum income requirements, you don’t have to file a tax return. Here are a few things you’ll need to have to determine your minimum income requirements: filing status, federal income tax withheld for the year, and basic information to help calculate your gross income. For taxpayers under the age of 65, here are the minimum income requirements by filing status: Single: $12,400 Married, filing jointly: $24,800 Head of household: $18,650 Married, filing separately: $5 Qualifying Widow(er): $24,800 For taxpayers 65 and older, the minimum income requirements are: Single: $14,050 Married, filing jointly: $26,100 and $27,400 if both are 65 or older Head of household: $20,300 Married, filing separately: $5 Qualifying Widow(er): $26,100 There are also a handful of parameters that mean you have to file a tax return, regardless of income: You made a self-employment net income of at least $400 You got any health savings account, Archer Medical Savings Account, or Medicare Advantage MSA distributions You currently owe taxes on IRA, health savings account, or other tax-favored accounts You owe alternative minimum tax You made more income than $108.28 from a church or church organization You owe recapture taxes You owe Social Security or Medicare tax on tips that you didn’t report to your employer or that your employer didn’t already take out of your pay You had advance payments of the premium tax credit made for you, your spouse, or a dependent who received insurance marketplace health coverage You had advance payments of the health coverage tax credit made for you, your spouse, or …