The 2018 income levels at which individuals must file income tax returns:

  • Single Individual: $10,650
  • Single Individual, 65 or older: $12,250
  • Married Individual, separate return: $4,150
  • Married Couple, joint return: $21,300
  • Married Couple, joint return, one spouse 65 or older: $22,600
  • Married Couple, joint return, both spouses 65 or older: $23,900
  • Head of Household: $13,700
  • Head of Household, 65 or older: $15,300
  • Qualifying widow(er): $17,150
  • Qualifying widow(er), 65 or older: $18,450

You may wish to file your tax return even if you are not required to file. A few reasons for filing include;

  • You may receive a refund.
  • Maybe required for FASFA registration.
  • Maybe required for bank financing.