Table K: Federal Tax Filing Requirement Thresholds (MAM)

SR 24-07 Dated 03/24

Previous Policy

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The Federal Tax Filing Requirement Thresholds are set by the IRS and updated every year. The thresholds are used in the MAGI MA eligibility determination process to determine who must file taxes, which dictates:

·       in what MAGI MA household the individual is counted;

·       the types of income counted towards the MAGI MA household; and

·       how the income is counted in the MAGI MA household.

 

Tax Filing Requirements for Most Taxpayers

 

Filing Status

Age at the End of 2023

Must File a Return if Gross Income Exceeds:

Single

Under 65

65 or Older

$13,850

$15,700

Head of Household

Under 65

65 or Older

$20,800

$22,650

Married Filing Jointly

Under 65 (both spouses)

65 or Older (one spouse)

65 or Older (both spouses)

$27,700

$29,200

$30,700

Married Filing Separately

Any Age

$5

Qualifying Widow(er) with Dependent Children

Under 65

65 or Older

$27,700

$29,200

 

Tax Filing Requirements for Children (up to age 19) and Other Single Dependents

 

Filing Status

Age at the End of 2023

Must File a Return if ANY of the Following Apply:

Single Dependent

Under 65 and

Not Blind

●

Unearned Income Exceeds $1,250.

●

Earned Income Exceeds $13,850.

●

Gross Income Exceeds the Larger of:

 

–

$1,250; or

 

–

Earned Income (up to $13,450) plus $400.

Single Dependent

65 or Older or

Blind

●

Unearned Income Exceeds $3,100 ($4,950 if 65 or older and blind).

●

Earned Income Exceeds $15,700 ($17,550 if 65 or older and blind).

●

Gross Income Exceeds the Larger of:

 

–

$3,100 ($4,950 if 65 or older and blind); or

 

–

Earned Income (up to $13,450) plus $2,250 ($4,100 if 65 or older and blind).

 

References: 42 CFR 435.603; IRS Publication17 [https://www.irs.gov/pub/irs-pdf/p17.pdf]; IRS Publication 501 [https://www.irs.gov/pub/irs-pdf/p501.pdf]