What is income amount that you don't have to pay taxes?

The income amount that you don't have to pay taxes on is generally referred to as the standard deduction. For the tax year 2023, the standard deduction is $13,850 for single filers and $27,700 for married couples filing jointly. If your taxable income falls below these thresholds, you may not owe federal income tax. Additionally, some individuals may qualify for other deductions or credits that can further reduce their taxable income.