Q: I am working with youth to ensure they file their income taxes before the April 17 tax filing deadline. What is the minimum income level after which an individual is required to file taxes?
A: Assuming the youth is single, those who make $10,400 and over are required to file a tax return for 2017. However, even if they do not meet the minimum required income, youth should consider filing taxes if they can get money back. According to Efile.com, an individual can get money back for the following reasons:
- If they had taxes withheld from their pay, they must file a tax return to receive a tax refund.
- If they qualify, they must file a return to receive the refundable Earned Income Tax Credit.
- If they are claiming education credits, they must file to be refunded the American Opportunity Credit.
- If they have a qualifying child but owe no tax, they can file to be refunded the Additional Child Tax Credit.
- If they qualify, they must file to claim the refundable Health Coverage Tax Credit.
- If they overpaid estimated tax or applied a prior year overpayment to this year, they must file to receive the refund.
For assistance with filing taxes, please visit a Volunteer Income Tax Assistance (VITA) site near you. You can find a site near you by visiting www.CalEITC4Me.org and using the Free Tax Prep Finder Tool, or call the IRS at 1-800-906-9887.