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Revision as of 17:34, 3 September 2025


Each year there are record numbers of people that do not file their tax return. The reasons for non-filing vary individual to person but to the IRS should you are needed to file plus there is no justification. If you receive a letter for non-filing here are some steps to take that be of benefit you start the treatment.

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Remember, a personal exemption of $3650 is not deducted on tax but on your taxable income. Say for example your filing status is 'married filing jointly' with original taxable income of $100,000. This causes you to under the marginal tax rate of 25%. Therefore the money you save on personal exemption is $912.50 (calculation is simple: $3650 multiplied by 25%). For the spouse, which are multiplied by two which save $1825.

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