Latest news from Suamico, WI collected exclusively by city-data.com from local newspapers, TV, and radio stations. Ancestries: German (33.3%), Polish (13.5%), Irish (8.0%), Dutch (4.4%), French (3.8%), Norwegian (3.4%).
Income Thresholds. The Internal Revenue Service sets minimum income levels each year for taxpayers, and you must file a return if your gross income exceeds the threshold that applies to you. As of 2012 the threshold for taxpayers under 65 filing as single was $9,750.
Filing after 65. A taxpayer usually don't have to file if her gross income is less than the annual limit set by the IRS. Filing status determines which limit applies. Of course, if you are due a refund because you had payroll taxes deducted or are entitled to a tax credit, you'll want to file anyway. The limit amounts change yearly because of inflation. For instance, these were the thresholds if you were 65 or older in 2014: Single filing status: $11,700.