00:00Do you know whether you are exempt from filing a tax return in 2026?
00:04One of the first things to consider is age.
00:07Older adults receive a higher standard deduction,
00:10which allows them to earn more income without being required to file.
00:13Even if you fall below the income threshold, filing may still matter.
00:17If your employer withheld taxes or you qualify for tax credits,
00:21the only way to recover that money is by filing your return.
00:24For the 2026 tax year, you are generally not required to file
00:28if your incomes stay below these levels.
00:31Married filing separately at $5, head of household at $23,625,
00:37single at $15,750, and married filing jointly at $31,500.
00:43Every situation is different, so reviewing your income carefully is essential.
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