As you can see, if you are a single dependent, you have to earn more than $6,350 in 2017 from all earned income sources combined before you must file taxes on those earnings. And if you made $3,000 you do not have to file taxes as this amount is clearly less than this minimum threshold.

Do I have to file taxes if I only made 1500?

If you earned below the minimum income for your filing status, you may not be required to file a Federal Tax Return. However, there are reasons why you may still want to file. See a detailed listing below. Description:If income you generate is tax free, there is no need to file a tax return, but you may still want to.

How to do a small business tax return?

Our new Small Business tax return product will guide you through all the steps required to complete and submit a tax return for your company, in the intuitive and simple manner you have come to expect from TaxTim.

How much does it cost to prepare a business tax return?

Business Tax Preparation Our primary focus is business consultation, deduction optimization and tax return preparation. Typical fee range is $1,000 to $1,200 for partnership and corporate tax returns depending on the quality of your accounting records.

What do I need to prepare my federal tax return?

Once you’ve got all the paperwork you need, you’re ready to prepare your Form 1040, Form 1040A or Form 1040EZ—these are your federal income tax return forms. and prepare your return using “Free File.”

How does the simple tax calculator work for You?

Simple tax calculator This calculator will help you to calculate the tax you owe on your taxable income for the previous six income years. Which rates apply? The individual income tax rates will depend on the income year you select and your residency status for income tax purposes during that income year.