how much can a single person make before needing to pay income taxes
Gross Income. For tax year 2012 filings, you needed to have income of $9,750 if you were single, younger than 65 and had no dependents. The amount was $12,500 if you were a head of household; that is, a single person with dependents. Married couples filing together needed to earn $19,500 before they were required to file. Those who are older than 65 have higher income requirements: $11,200 for singles, $13,950 for head of householders and $20,650 for married joint filers (one spouse over 65).