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A: How much someone has to earn before being required to file a federal tax return depends on age and filing status, according to the IRS. For most taxpayers with a single filing status under 65 at the end of 2014, gross income must be at least $10,150. Continue Reading
That breaks down to about $86.50 per paycheck, if you're paid twice a month. Most Americans â about 70% â claim the standard deduction when filing their taxes. For those who do, their paychecks will almost certainly increase if Trump's tax plan passes, thanks to proposed tweaks to the current standard deduction and tax brackets.