Which of the following taxpayers (all age 40) are required to file a return? $$\begin{array} { | l | l | r | c | }
\hline \text { Taxpayer } & \text { Filing Status } & \begin{array} { c }
\text { Number } \
\text { of exemptions }
\end{array} & \begin{array} { c }
\text { Gross } \
\text { Income }
\end{array} \
\hline \text { Jenny and Jim } & \begin{array} { l }
\text { Married Filing } \
\text { Jointly }
\end{array} & 2 & \$ 21,000 \
\hline \text { Allen } & \text { Single } & 1 & \$ 9,200 \
\hline \text { Timmy } & \text { Head of Household } & 2 & \$ 10,800 \
\hline
\end{array}$$

Question

Which of the following taxpayers (all age 40) are required to file a return? $$\begin{array} { | l | l | r | c | } 
\hline \text { Taxpayer } & \text { Filing Status } & \begin{array} { c } 
\text { Number } \
\text { of exemptions }
\end{array} & \begin{array} { c } 
\text { Gross } \
\text { Income }
\end{array} \
\hline \text { Jenny and Jim } & \begin{array} { l } 
\text { Married Filing } \
\text { Jointly }
\end{array} & 2 & \$ 21,000 \
\hline \text { Allen } & \text { Single } & 1 & \$ 9,200 \
\hline \text { Timmy } & \text { Head of Household } & 2 & \$ 10,800 \
\hline
\end{array}$$

Quizplus · Accepted Answer

The filing threshold for married filing jointly for those under 65 is $25,100 in 2021. Jenny and Jim's income is below this threshold, so they are not required to file. Allen's income is below the $12,550 threshold for single filers, and Timmy's income is below the $18,800 threshold for head of household. Therefore, none of them are required to file based on income alone.

Which of the Following Taxpayers (All Age 40) Are Required