How Much do I have to Earn to have to Pay Taxes?

You must file a tax return if you had net earnings from self-employment of $400 or more. This is your total self-employment income less the expenses paid in operating your trade or business, multiplied by 92.35%. IF YOU WEREN’T SELF EMPLOYED (paid on a 1099 or ran your own business, etc), THEN YOU WOULD ALWAYS WANT TO FILE A RETURN TO CLAIM THE AMOUNT WITHHELD AND SHOWN ON YOUR W-2, WHICH WITH LOWER INCOMES WILL ALMOST ALWAYS BE COMPLETELY REFUNDED TO YOU. If you are an individual who may be claimed as a dependent on another person’s return, you are subject to specific filing requirements. Refer to the instructions in your tax package or refer to Publication 929, Tax Rules for Children and Dependents, or Publication 501, Exemptions, Standard Deduction, and Filing Information, for the filing requirements for dependents. All available at