Do I need to file for Tax return even though I have not worked in a year?
2007-01-10 10:54:29 · 2 answers · asked by rmorris3614 2 in Business & Finance ➔ Taxes ➔ Other - Taxes
If you have no income you do not file a tax return. Income includes more than wages from a job, it includes unemployment compensation for example, and basically income from any source including self employment. If you have minimal earned income, you may be better off by filing a tax return, particularly if you have children. The earned income credit can give you a refund, even if you have paid in no taxes, and this can be large if you have 1 or 2 kids; although you still get a smaller amount with no children.
2007-01-10 13:37:18 · answer #1 · answered by irongrama 6 · 1⤊ 0⤋
No you don't...Only if you make income over $400.00
2007-01-10 13:48:20 · answer #2 · answered by Mid 3 · 0⤊ 0⤋