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What are the requirements to file your taxes?

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What are the requirements to file your taxes?

Minimum income to file taxes

  • Single filing status: $12,400 if under age 65. $14,050 if age 65 or older.
  • Married filing jointly: $24,800 if both spouses under age 65.
  • Married filing separately — $5 for all ages.
  • Head of household: $18,650 if under age 65.
  • Qualifying widow(er) with dependent child: $24,800 if under age 65.

What documents are needed for SARS tax returns?

Documentation required to complete your return

  • IRP5/IT3(a) Employees Tax Certificate (if applicable)
  • Certificates received for local interest income, foreign interest income and foreign dividend income.
  • Documents relating to medical expenditure such as:

Do I need to send my w2 with my tax return?

You don’t need to send your Forms W-2 to the IRS and should keep them in a safe place with a copy of your tax return. Use Form 8453, U.S. Individual Income Tax Transmittal for an IRS e-File Return to submit any paper documents that need to be sent after your return has been accepted electronically.

How do I submit supporting documents to SARS?

To upload supporting documents (relevant material), follow these steps:

  1. Logon to eFiling.
  2. Select: Returns. Returns History. The applicable type of tax (e.g. ITR12, Employees Tax, etc.)
  3. Click Open, on the far right, to open the workpage.
  4. On the work page scroll down and click the link under Supporting Documents.

How do I get my SARS tax number via email?

You may email SARS on the following email addresses: For Tax Practitioners: [email protected]. For Taxpayers: [email protected].

Do I need to provide worksheets to the IRS with 1040?

Depending on the complexity of your taxes, the Form 1040 that you are using may require you to fill out worksheets to determine the number to enter on your tax return. You are not required to provide any worksheets to the IRS with your return, but you should keep the worksheets with the rest of your tax return documentation…

Do I need to file an IRS Schedule?

Schedules, however, are not like worksheets; they must be filed with your tax return. Schedules are forms required by the IRS for specific types of income or deductions on your tax filings.

What is a tax worksheet and do I need one?

A tax worksheet is an IRS guide to assist you in your calculations and are primarily for your records. For example, in the event the IRS questions an entry on your 1040 form, you would refer to the worksheet you used to calculate that entry to back your number up.

What do I need to file my taxes?

What do i need to file my taxes? What you need to file your taxes varies depending on your situation. For example, if you’re a self-employed college student, you may need 1099 and 1098-T forms to file your taxes. However, if you weren’t in college and only received a W-2, you could skip those tax documents.