Thresholds

Thresholds for Filing IRS Form 1040 in 2024 (Filing in 2025)

If your income exceeds a certain threshold, you must file an IRS Form 1040 for the previous year. These thresholds are the same as for US residents. The total yearly income thresholds for the tax year 2024 (filing in 2025) are as follows:

Filing Status

• Single (unmarried): Under 65 – $14,600 | 65 or older – $16,550
• Married filing jointly: Under 65 – $29,200 | 65 or older – $30,750
• Married filing separately: $5 (regardless of age)
• Head of household: Under 65 – $21,900 | 65 or older – $23,850
• Qualifying widow(er) with dependent child: Under 65 – $29,200 | 65 or older – $30,750
• For tax year 2021 thresholds: please see the IRS Website.

ATTENTION

• If you are married and filing jointly but no longer lived at the same address as your spouse at the end of the tax year (or on the date your spouse passed away), a filing threshold of $5 applies.
• If you are married and filing jointly, and one spouse is 65 or older, the filing threshold is $30,750. If both spouses are 65 or older, the filing threshold is $32,300.
• Self-employed individuals: If your net earnings from self-employment are $400 or more, you must file a return, even if your gross income is below the threshold listed in the table above for your filing status.

Important Note

Certain government benefits, such as child benefits, unemployment benefits, and subsidies, are considered reportable income by the US and may cause you to exceed the filing threshold.

Expats Overseas Can Help

Expats Overseas has a large network of CPAs with the necessary qualifications, experience, and cost-effective services. Contact us for a free and no-obligation discussion of your options.