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April 7, 2025
Question

If I received less than $25,000 do I need to claim anything?

  • April 7, 2025
  • 1 reply
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If I received less than $25,000 and am filing as single, do I need to claim anything as income?

1 reply

JohnB5677
April 7, 2025

Yes, you will have to report the $25,000

 

The standard deduction amounts for 2024 are:

  • $14,600 for a  Single

If you received a W-2 you may be due a refund.

 

 

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