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For the following taxpayers, determine if they are required to file a tax return in 2020. Ricko, single...

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Accounting

Forthe following taxpayers, determine if they are required to file atax return in 2020.

  1. Ricko, single taxpayer, with gross income of $15,000.

2.Fantasia, head of household, with gross income of $17,500.

3.Ken and Barbie, married taxpayers with no dependents, with grossincome of $20,000.

4.Dorothy and Rudolf, married taxpayers, both age 68, with grossincome of $25,500.

5.Janyce, single taxpayer, age 73, with gross income of $13,500.

Answer & Explanation Solved by verified expert
4.4 Ratings (600 Votes)
1 Ricko Single Taxpayer Gross Income 15000 If you are single and under the age of 65 the minimum amount of annual gross income you can make that requires filing a tax return is 12200 Since age is not given it is assumed that Ricko is under the age of 65 His Income has exceeded 12200 therefore Ricko has to file a tax return for 2020 2    See Answer
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