by Answerbag Staff on January 9th, 2010

Answerbag Staff

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What is the minimum amount to file on long form taxes?

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  • by Larry Darter on January 9th, 2010

    Answerbag Experts

    Great Answer

    Professionally Researched. (What's this?)

    The Form 1040 long form is required for taxpayers with taxable incomes of $100,000 or more. Otherwise, the income tax long form should only be used when itemized deductions exceed the "standard deduction": $5,700 for single or married taxpayers filing separately, $8,350 for taxpayers filing as Head of Household or $11,400 for married taxpayers filing jointly.

    Source:

    "Filing Information." IRS Publication 17: "Your Federal Income Tax for Individuals" 2009: p.10.

    "Standard Deduction." IRS Publication 17: "Your Federal Income Tax for Individuals" 2009: p.144.

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