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Do I Need to File a Tax Return? The Minimum Income Levels to File Taxes in 2023

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This article has been updated for the 2023 tax season (for 2022 tax returns). As the tax start date and inevitable tax deadlines approach, I wanted to share something that may come as a surprise to many – not all income-earning Americans are legally obligated to file a federal tax return. In fact, there are gross income level thresholds that, if not surpassed, may result in an individual (or married) filer not being required to file a tax return with the IRS. However, just because you may be able to avoid filing taxes, it doesn’t mean you should. I’ll discuss

The post Do I Need to File a Tax Return? The Minimum Income Levels to File Taxes in 2023 appeared first on 20somethingfinance.com.


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