Who can File Form 1040?
1. Eligibility Criteria:
- A taxpayer must be a U.S. citizen or resident alien (green card holders or individuals who meet the substantial presence test).
- Their gross income must be more than the standard deduction for their filing status.
- Specific income thresholds vary by age and filing status such as single, married filing jointly, married filing separately, etc.
2. Special Circumstances:
- Dependents with earned or unearned income may need to file if their income exceeds the specified limits.
- Individuals with net earnings of $400 or more from self-employment.
- Individuals who owe special taxes such as alternative minimum tax and additional tax on a qualified plan.
- Individuals who had marketplace health insurance and received advance premium tax credits.
- Individuals with household employment taxes.
- Other special circumstances as may be specified.
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