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VashaNatasha [74]
2 years ago
11

1. Which of the following people is/are legally required to file a tax return?

Business
1 answer:
mr_godi [17]2 years ago
4 0

These people are legally required to file tax return.

Greg, who can be claimed as a dependent and earned $12,650 last year.

Erin, who cannot be claimed as a dependent and earned $14,000 last year.

<h3>What is tax return?</h3>

Tax return is a form that is filled by tax payer which contain income, expenses or tax information .

This enable the tax payer to calculate their tax liability, tac expenses or schedule.

Those that can required to file tax return are ;

  • A single person Under 65 of ageand income of $12,550
  • 65 or older with income $14,250
  • Married filing jointly Under 65 (both spouses) $25,100
  • 65 or older (one spouse) with income $26,450
  • 65 or older (both spouses) with income of $27,800
  • Married filing separately Any age $5
  • Head of household Under 65 with income of $18,800
  • 65 or older with income $20,500
  • Qualifying widow(er) Under 65 with income of $25,100.
  • 65 or older.

Therefore,

These people are legally required to file tax return.

  • Greg, who can be claimed as a dependent and earned $12,650 last year.
  • Erin, who cannot be claimed as a dependent and earned $14,000 last year.

For more details on tax return check the link below.

https://brainly.com/question/28504589.

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The total cost of goods sold =  $37,500

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