March 9, 2025

Minimum Income to File Taxes for the Self-Employed

Understanding the minimum income threshold for filing taxes is crucial for anyone who is self-employed. The Internal Revenue Service (IRS) has specific requirements that self-employed individuals need to know to avoid penalties and stay compliant. This article delves into the essentials of tax filing for the self-employed, including income thresholds, important deadlines, and useful tips. It also highlights common deductions and strategies for staying organized and on top of tax obligations.