Fill out the form and one of our experienced CPAs will get back to you shortly.
The tax filing threshold has determinative authority on the federal income tax return filing requirements. The amount changes in accordance with filing status and age information as well as income sources. These thresholds are adjusted by the IRS on an annual basis in connection with inflation.
12+
Years Serving NYC
50
States Covered
5★
Rated on Yelp
150,000+
Returns Filed
Open
Evenings & Weekends
For the 2025 tax year, the minimum income necessary to file a return varies in accordance with the standard deduction amounts, which have been increased in line with inflation. The general thresholds are as follows:
Individuals who generate income lower than the above amounts generally do not need to file. However, it should be noted that specific exceptions apply.
Even if income falls below the minimum threshold, a tax return may still be necessary in specific situations:
The updated 2025 tax brackets apply progressive rates to taxable income. In other words, the taxation still changes in line with the level of income. Standard deductions may be applied and accordingly, taxable income might be lowered.
The tax filing threshold 2025 is fundamental for tax filing obligations. Filing could still be advantageous thanks to possible refunds alongside tax credits and some individuals might be exempt. If you are unsure about filing obligations, professional assistance can establish optimum tax compliance.
No cost to start
Fifteen minutes with a CPA who handles this every week. We will walk you through your options — no sales pitch, no obligation.
“George has prepared and maintained the corporate accounting and provided consultant services for my company for a number of years. He has always done an outstanding, professional and courteous job. I feel that his rates are very fair and he provides a great value for the cost.”
“Excellent service and very professional. George and his team have been handling my business taxes for years and I couldn't be happier with the results. They are always available to answer questions and provide expert advice.”
“I've been working with Dimov CPA for both personal and business taxes. Their attention to detail and knowledge of tax law has saved me thousands. Highly recommend to anyone looking for a reliable CPA in NYC.”
Keep reading
Thinking of buying or selling a business? M&A due diligence consulting from a CPA who models the tax structure before you sign, not after the deal closes.
A New York CPA tracks New York tax law changes as they happen. MCTMT rates, 2026 brackets, SALT and PTET, and the remote worker rule that still applies.
A New York CPA on how to offset W2 income with real estate. Short term rentals, material participation, cost segregation, and the traps that undo it all.
Ready when you are
A CPA will review your situation and give you a straight answer. No commitment, no jargon.
