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must take into account unearned income that includes taxable interest, ordinary dividends, and capital gain distributions. You must also take into consideration such things like unemployment compensation, taxable social security benefits, pensions, annuities, and distributions income from a trust. Items that must be considered when figuring out your earned income are salaries, wages, tips, professional fees, and taxable scholarship and fellowship grants. Your gross income is the total of your unearned and earned income from all sources.
If you are a single dependent who was not either age 65 or older or blind, you must file a tax return if your unearned income was was more than $1,000, your earned income was more than $6,200 or your gross income was more than the larger of $1,000 or your earned income that is up to $5,850 plus $350. However, if you were a single dependent and were either age 65 or older or blind, you must file a tax return if your unearned income was more than $2,550. This amount rises to $4,100 if you were both 65 or older and blind. In addition, you must also file a tax return if you were single, age 65 or older or blind and your earned income was more than $7,750. This amount is $9,300 if you were both 65 or older and blind. Furthermore, if your gross income was more than the larger of $2,550 or your earned income amount of up to $5,850 plus $1,900. If you were both 65 or older and blind then you must file a tax return if your gross income was $4,100 or earned income of an amount up to $5,850 plus $3,450.
If you were a married dependent and were not age 65 or older or blind, then you must file a tax return if your gross income was at least $5 and your spouse files a separate tax return and she itemizes deductions. You must also file a tax return if you are a married dependent and your unearned income was more than $1,000 or your earned income was more than $6,200. Likewise, you are obligated to file a tax return if you are married dependent and your gross income was more than the larger of $1,000 or your earned income of up to $5,850 plus $350.
On the other hand, if you were a married dependent and you were age 65 or older or blind, then you must file a tax return if your gross income was at least $5 and your spouse files a separate return and itemizes her deductions. You are also obligated to file a tax return if your unearned income was more than $2,200. If you were both age 65 and blind then you must file a tax return is this amount is more than $3,400. Additionally, if your were a married dependent and you were age 65 or older or blind, you are obligated to file a tax return if your earned income was more than $7,400. Furthermore, if you were both 65 or older and blind, then you must file a tax return if your earned income was more than $8,600. In addition, if you are married dependent and your gross income was more than the larger of $2,200 or the income that you actually earned that is up to $5,850 plus $1,550. If you were both 65 or older and blind you must file a tax return if this amount is over $3,400 or your earned income that is up to $5,850 plus $2,750.
You must also file a tax return if you have other circumstances present. For example if you owe special taxes such the alternative minimum tax (AMT). If you owe taxes on individual retirement accounts (IRAs), you most likely will be under obligation to file a tax return. If you had social security or Medicare taxes on tip income that you did not report to your employer, then you must file to pay your share of these taxes. Other situations in which you must file a tax return is when you have write-in taxes such as uncollected social security, Medicare, or railroad retirement tax on tips your reported to your employer. Additionally, you must file a tax return if you have write-in taxes on group-term life insurance and
 

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Copyright © 2014 [Hera's Income Tax School]. All Annual Federal Tax Refresher Course rights reserved.
Revised: 05/31/15
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