How Much Money Do I Have to Make to File Taxes in 2008?

Posted by Madison on February 2, 2009

How much money do I have to make in 2008 to file taxes? Looking for the 2008 income tax filing requirements? Here they are!

2008 Income Requirements

For the 2008 tax year, you need to file taxes if your gross income meets the minimum income for your filing status and age:

 
Filing Status Minimum Gross Income (under 65) Minimum Gross Income (65+)
Single $8,950 $10,300
Head of Household $11,500 $12,850
Married Filing Jointly $17,900 $18,950 (one spouse)
$20,000 (both spouses)
Married Filing Separately $3,500 $3,500
Widow with Dependent Child $14,400 $15,450

For dependent information, see When Do Kids Need to File Taxes?

Social Security Income

There is an exception to the rule that gross income doesn’t include social security benefits. If half of your social security benefits plus your other gross income is more than $25,000 ($32,000 if married filing jointly). Also note that married filing separate have different social security rules.

Other Income Requirements

You must file taxes if your self employment and church earnings are:

  • Self employment net earnings are greater than $400.
  • Church earnings are greater than $108.28 and are exempt from employer Social Security and Medicare.

Other Tax Filing Requirements

In addition to the income requirements, there are other circumstances when you must file a tax return. See Publication 501 for all the requirements.

Optional Filing

You can choose to file a return. You may want to do this if you had any federal withholding or are entitled to tax credits, like the earned income tax credit, to get a refund.

For current year limits, see How Much Money Do You Have to Make to File Taxes?



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