how do i determine my tax return?

1 ANSWERS

1. amomipais82
   

   Hi,
   
         Standard Limits for 2000
      1.
         Step 1
   
         Verify that you are not a dependent of anyone. Different limits apply to dependents. If you are a dependent, see "eHow to Determine if a Dependent Has to File a Tax Return."
      2.
         Step 2
   
         Determine that your gross income was less than $7,200 if filing Single. Add $1,100 if aged 65 or over.
      3.
         Step 3
   
         Determine that your gross income was less than $9,250 if filing Head of Household. Add $1,100 if aged 65 or over.
      4.
         Step 4
   
         Determine that your gross income was less than $12,950 if filing Married Filing Jointly. Add $850 for each spouse aged 65 or over.
      5.
         Step 5
   
         Determine that your gross income was less than $3,675 if filing Married Filing Separately. (Don't add any amount if aged 65 or over.)
      6.
         Step 6
   
         Determine that your gross income was less than $10,150 if filing Qualifying Widow(er). Add $850 if aged 65 or over.
         Special Circumstances
      7.
         Step 1
   
         Make sure you do not have $400 or more from self-employment.
      8.
         Step 2
   
         Make sure you do not have wages of $108.25 or more from a religious organization that is exempt from employer Social Security taxes.
      9.
         Step 3
   
         Determine that you don't have a taxable or penalizable withdrawal from an individual retirement account, other qualified retirement account, or medical savings account.
     10.
         Step 4
   
         Determine that you don't have unpaid Social Security and Medicare taxes on tips or on group term-life insurance.
     11.
         Step 5
   
         Make sure you did not receive advanced earned income credit as shown in Box 9 of your W-2.
     12.
         Step 6
   
         Make sure you are not a non-resident alien with gross income of $2,800 or more.
     13.
         Step 7
   
         Make sure your tax year was not less than 12 months. If so, you have to file unless your gross income was $2,800 or less.
     14.
         Step 8
   
         Determine that you do not have any recapture tax from an investment credit, low-income housing credit, Indian employment credit, qualified electric vehicle credit or from the sale of a home purchased with a federally subsidized mortgage.

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