Ask Question
22 April, 17:27

Jamarcus, a full-time student, earned $2,500 this year from a summer job. He had no other income this year and will have zero federal income tax liability this year. His employer withheld $300 of federal income tax from his summer pay. Is Jamarcus required to file a tax return?

+2
Answers (1)
  1. 22 April, 20:21
    0
    The correct answer is: No, Jamarcus is not required to file a tax return.

    Explanation:

    According to the Internal Revenue Service (IRS) requirements for 2019, taxpayers who are single under 65 years-old with an income of $12,200 or higher must file a tax return. Taxpayers who are 65 years old or older with an income of $13,850 or higher are also obligated to report their income to the IRS.

    Thus, as Jamarcus' income for the year was $2,500 only, he is not required to file a tax return.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Jamarcus, a full-time student, earned $2,500 this year from a summer job. He had no other income this year and will have zero federal ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers