India, April 12 -- As the April 15, 2025 tax deadline approaches, millions of Americans are preparing to file their federal income tax returns. Whether you're a first-time filer or a seasoned taxpayer, understanding the filing process is crucial to ensure compliance with IRS regulations and to maximise potential refunds.
Your filing requirement depends on your income, age, and filing status. For instance, individuals under 65 must file if they earned $13,850 or more in 2024, while married couples filing jointly must file if their combined income exceeds $27,700. Self-employed individuals must file if they earned over $400, regardless of other factors.
Gather all relevant tax documents, including:
*W-2s from employers
*1099s for freela...
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