Tax Guide

Get answers to all your questions about taxes, personal finance, insurance and more.

What is the minimum amount to file taxes for 2016?

Typically, you have to file a return when your income is more than your standard deduction amount. Your standard deduction is determined by your filing status, so there are different deduction amounts for single, married filing jointly, head of household, and other filing statuses.

You may want to file a return even if your income amount doesn’t require you to. If you’ve had taxes withheld from your paychecks and don’t end up owing taxes, you won’t receive those funds back unless you file a return and get a refund.

Ready to file your taxes? Start Free!