Re: California and Federal Tax Income Minimuns?

Thanks for the reply, Katie.

The person will be 59 (single, no dependents) in Oct and will have a
taxable income of $9600 annually. Am wondering if he has to file
Calif and State Income Tax.

Charliec

On Mon, 18 Jun 2007 17:21:58 -0700, Katie <katiej_1958@xxxxxxxxx> wrote:

On Jun 18, 2:05 pm, Charliec <charl...@xxxxxxxxxxxxxxxxxxx> wrote:
A quick question, what are the minimun income for California and
Federal taxes where one does not have to file Income Taxes?




Not a quick answer. It depends on filing status, age, and number of
dependents, etc.

Examples:

For federal, for 2006, married filing jointly, both under age 65, must
file if gross income exceeds $16,900. For 2007, the threshold is
17,500.

For California, for 2006, MFJ, both under age 65, zero dependents,
must file if either gross income exceeds $27,426 or adjusted gross
income exceeds $21,940. 2007 numbers not yet available.

There are special rules for individuals who are claimed as a dependent
by someone else.

Katie in San Diego
******************************************************
Charliec
.

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