Minimum Amount Of Income To File Taxes 2024 Minimum Income. Irs provides tax inflation adjustments for tax year 2024. The tax year 2024 maximum earned income tax credit amount is $7,830 for qualifying taxpayers who have three or more qualifying children, an increase of from $7,430 for.

The income thresholds for 2024 (for 2023 tax year filing), are detailed in the irs’s 1040 instructions, and are as follows: In 2023, for example, the minimum for single filing status if under age 65 is $13,850.