People earning less than $75,000 may owe zero federal taxes
People earning less than $75,000 may owe zero federal taxes Lower income families may owe no federal taxes FOX 26 Reporter Heather Sullivan has some smart sense on what could be next for some lower income families. HOUSTON - People earning less than $75,000 a year may not owe any federal income tax when they file next year. President Biden's American Rescue Plan passed in March is putting much of that money in their pockets instead. The extended deadline to file your federal taxes is coming up on May 17 or June 15 for Texans impacted by the winter freeze. Parents who can take the bigger ch...