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25 December, 23:56

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?

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  1. 26 December, 02:26
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    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.
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