The general rule is that a tax return is required for every individual who has gross income that equals or exceeds the applicable standard deduction.
The general rule is that a tax return is required for every individual who has gross income that equals or exceeds the applicable standard deduction. This statement is true.
In the US federal tax code, the taxable income is calculated by subtracting the deduction and exemption from the adjusted gross income. If the gross income is equal to or greater than the standard deduction, a tax return must be filed. The standard deduction is an amount determined by the government that reduces the taxable income.
For example, if the standard deduction for a single person is $10,000 and their gross income is $12,000, they would need to file a tax return because their gross income exceeds the applicable standard deduction.