amarcus, a full-time student, earned $3,000 this year from a summer job. He had
ID: 2816678 • Letter: A
Question
amarcus, a full-time student, earned $3,000 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 $570 of federal income tax from his summer pay. Is Jamarcus required to file a tax return? Should Jamarcus file a tax return?
Jamarcus is required to file an income tax return regardless of income and should file a tax return.
Jamarcus is not required to file a tax return as the refund of $570 previously withheld will be automatically credited to his bank account.
Jamarcus should compulsorily file a tax return because his gross income of $3,000 is well below the gross income threshold for a single taxpayer.
Jamarcus is not required to file an income tax return because his gross income of $3,000 is well below the gross income threshold for a single taxpayer. However, he should file a taxreturn to receive a refund of the $570 previously withheld.
federal tax procedure
Explanation / Answer
100 % CORRECT ANSWER
Option - D
Jamarcus is not required to file an income tax return because his gross income of $3,000 is well below the gross income threshold for a single taxpayer. However, he should file a taxreturn to receive a refund of the $570 previously withheld.
Explanation :
Federal Tax filling requirements threshold limit for Individual under age of 65 is 10400. Here gross income of Jamarcus is 3000 is below this threshold limit. Hence he need not required to file an income tax return. But inorder to get the refund, irrespective of threshold limits Jamarcus should file tax return.
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