Which of the following taxpayers (all age 40)is/are required to file a return?

Question

Quizplus · Accepted Answer

The question does not provide information about the income or other factors that may affect the filing requirements, so the default rule applies. Taxpayers who are 40 years old and have gross income that exceeds the standard deduction ($12,200 for 2019) plus the additional standard deduction for being 65 or older ($1,650 for 2019) are required to file a tax return. Assuming Jenny and Jim are married and filing jointly, they would need to file a return if their gross income is at least $25,050 ($12,200 + $12,200 + $1,650). Allen and Timmy may or may not need to file, depending on their income.

Which of the Following Taxpayers (All Age 40)is/are Required to File