In: Accounting
Which taxpayer(s) is/are required to file a federal income tax return for 2017? Willenda (32) has gross income of $13,350. She will file as head of household with one dependent. Jamison (68) has gross income of $11,900. He is single and has no dependents. Marvin (37) and Joyce (35) have gross income of $20,780. They wish to file a joint return. Matt (67) and Trina (63) have gross income of $22,100. They wish to file a joint return.
All The Taxpayers Doesn't required to file the returns unless and otherwise it exceeds the Certain limits of Gross Income. The specified limits are clearly depends on the person age ,Income levels, Married or single and so on and see the following cases
Wilenda 32 has Gross Income Of $31,500, will file a head of household with one dependent
Ans:She is required to file the return as the gross income exceed the specified limits i.e $13,400. and her income is $31,500
Jamison(68) has gross income of $11,900
He is a single and has no depenedents
Ans:he is not required to file the return as the gross income doesn't exceed the specified limits i.e $11,950. and his income is $11,900
Marvin (37) and Joyce (35) have gross income of $20,780. They wish to file a joint return.
Ans:They are not required to file the return as the gross income doesn't exceed the specified limits i.e $20,800. and their income is $20,780
Matt (67) and Trina (63) have gross income of $22,100. They wish to file a joint return.
Ans:They are not required to file the return as the gross income doesn't exceed the specified limits i.e $23,300. and their income is $22,100