Question

 What Is the Minimum Amount of Income That Is Not Subject to US Taxes?

Answer The IRS allows each taxpayer to receive a certain level of income during each tax year that is not subject to U.S. taxes. There is no minimum amount you must earn to receive this tax-free benefit; ... Read More »
http://www.ehow.com/info_8512502_minimum-income-not-subject-taxes.html

Top Q&A For: What Is the Minimum Amount of Income That Is No...

What is the minimum income amount to file taxes?

The minimum income for filing taxes varies. A single woman younger than 65 who is not claimed as a dependent must file taxes if her income exceeds $9,350. A woman younger than 65 who is claimed as ... Read More »
http://www.answerbag.com/q_view/1897770

What is the minimum amount of income needed to pay federal income tax?

The minimum amount of money needed to pay income taxes depends on filing status. As of 2009, those who are single need to make more than $9,350 in order to pay. If filing as a head of household, th... Read More »
http://www.answerbag.com/q_view/2249587

What is the minimum amount to file on long form taxes?

The Form 1040 long form is required for taxpayers with taxable incomes of $100,000 or more. Otherwise, the income tax long form should only be used when itemized deductions exceed the "standard ded... Read More »
http://www.answerbag.com/q_view/1897383

Is income generated by 401k subject to taxes?

The distributions from 401k plans, including earnings on the contributions, must be reported as taxable income when you file your taxes. If you take a distribution before turning age 59 1/2, you wi... Read More »
http://www.answerbag.com/q_view/2212393


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