Do I Need to File Taxes in 2025?

Do I Need to File Taxes in 2025?

Taxes
July 31, 2025•3 min read

Published Date: July 31, 2025

Published By: Jac Cantos, Upcloud Accounting

Tax season can be confusing. Not everyone needs to file a tax return, even if they earned income. This guide clarifies the rules for 2025, helping you determine if filing is necessary and highlighting potential benefits.

Key Factors Determining Filing Requirements

Your filing obligation depends on several factors:

  • Gross Income: Exceeds the filing threshold (see table below).

  • Self-Employment Income: Over $400 in net earnings from self-employment.

  • Specific Circumstances: Certain situations require filing regardless of income (see details below).

2025 Filing Thresholds Based on Filing Status and Age

The IRS sets income thresholds based on your filing status and age. These are minimum income levels that trigger a filing requirement. If your income is below these thresholds, you generally do not need to file unless other circumstances apply.

These amounts are estimates and may be subject to change. Always consult the official IRS guidelines.

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Important Considerations:

  • Blindness: Additional standard deduction amounts apply if you are blind.

  • Married Filing Jointly (Separate Residences): If you and your spouse did not live together at the end of 2024, you must file regardless of income.

Situations Requiring Filing Regardless of Income Thresholds

Even if your income is below the thresholds above, you must file if any of the following apply:

  • Self-employment income of $400 or more.

  • You owe special taxes (alternative minimum tax, additional tax on qualified plans, etc.). See the IRS website for a complete list.

  • You or your spouse received distributions from an Archer MSA, Medicare Advantage MSA, or health savings account (HSA).

  • You earned wages from a church or qualified church-controlled organization exempt from employer Social Security and Medicare taxes.

  • You or your dependents received advance premium tax credits.

  • You have income or tax liability under section 965.

Benefits of Filing (Even If Not Required)

Filing a tax return offers several advantages:

  • Claiming a Refund: If taxes were withheld from your paychecks, you may be due a refund.

  • Refundable Tax Credits: You might qualify for credits like the Earned Income Tax Credit (EITC) or the Child Tax Credit (CTC).

  • Income Record: Filing creates a record of your income for future reference (loans, etc.).

Still unsure if you need to file? Upcloud Accounting can help you determine your filing requirements and guide you through the process. Contact us today for assistance!

Upcloud Accounting: Virtual Outsourced Accounting and Bookkeeping Services in the Philippines

Upcloud Accounting offers accounting, bookkeeping, tax compliance, and business licensing services specializing with startups and SMEs in the Philippines.

Our goal is to increase efficiency, automation, and transparency across the accounting and finance functions of our clients with our cutting-edge technology. If you want to move your company’s finance function online, contact our Team of Expert Accountants and Bookkeepers directly via [email protected] or visit www.upcloudaccounting.com to learn more about how Upcloud Accounting accounting services can support your PH business!

Disclaimer: This article or blog is only for general knowledge and guidance and is not a substitute for an expert opinion. For technical advice, please consult your tax / legal advisor for your specific business concerns. For comments, suggestions, and feedback, feel free to email us at [email protected].

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