I haven't collected unemployment or any other form of income I lived strickly off of my savings.
2007-02-07 09:46:18 · 17 answers · asked by newpekduma 1 in Business & Finance ➔ Taxes ➔ United States
You might want to file for the Telephone Excise Tax Refund
If you paid for Long distance telepone service. You would use form 1040EZ-T to claim this,
http://www.irs.gov/newsroom/article/0,,id=164032,00.html
If you are single, this would allow for a 30.00 refund to you.
2007-02-07 12:31:49 · answer #1 · answered by Anonymous · 1⤊ 1⤋
that is user-friendly to deliver on your 2005 tax go back and get your refund. Use the varieties for 2005 and mail it in, you've 2 better years to attempt this. in case you nonetheless don't have your 2006 W-2, yet you've your very last pay stub, use your 2005 W-2 and your very last pay stub and create a change W-2 for 2006 utilising style 4852. Use the call, address, tax identity of the corporation from the former W-2 and the income and withholding from the perfect pay stub. you may electronically report this and get your 2006 refund.
2016-12-03 21:01:20 · answer #2 · answered by picart 4 · 0⤊ 0⤋
How many weeks or months of the year you have worked DOES NOT determine whether or not you file a tax return. The amount of money you earned determines that. Did you have personal service income of $3,000 or more and what about interest income. You need to review your situation as to the IRS reporting forms you may have received like a W-2 and a Form 1099. If the money you earned was not under the table, it has been reported.
If your income was nominal and you had withholding taxes, you are going to get a refund. So go ahead and file your tax returns.
2007-02-07 09:55:43 · answer #3 · answered by Notorious 4 · 0⤊ 3⤋
Yes and no. You should file taxes. It's basically an exercise in paperwork, but you won't owe anything, and it'll only cost you a stamp and some time. This will let the various government agencies (IRS, Social Security) know what you're contributing and keep a record of your income. Legally if your income was actually $0, I don't think you have to file.
If you don't file, the IRS will assume you forgot, and I believe they'll send you reminder letters to file (though I'm not 100% on that one).
2007-02-07 09:51:46 · answer #4 · answered by chadmcasselman 2 · 0⤊ 3⤋
No, you are not required to file a tax return. You may get a notice asking for a return. In that case, check the box indicating that you were not required to file for that year. Do not ignore the notice. The IRS and States have filing requirements based on income levels each year.
2007-02-07 09:57:58 · answer #5 · answered by Gymrat 1 · 0⤊ 2⤋
Your savings is generating income (unless you are withdrawing it from your mattress). So you very well may still be required to file, and pay taxes on that income, depending on the amount of the income. See www.irs.gov
2007-02-07 09:49:13 · answer #6 · answered by Lisa A 7 · 1⤊ 1⤋
Well, if your savings is in an account that pays interest, you may need to file if it is over $500.
2007-02-07 09:49:21 · answer #7 · answered by Anonymous · 1⤊ 1⤋
If you work for less than 3 months and you don't have to pay taxes, you can wait to file 06 and 07 together.
2007-02-07 10:23:18 · answer #8 · answered by moonlight 1 · 0⤊ 3⤋
Then you have nothing to file for, If your interest from your savings is enough to report then speak with your accountant and hear what he says.
2007-02-07 09:49:50 · answer #9 · answered by maria fkun 4 · 0⤊ 2⤋
If you're not the dependent of another taxpayer, no return is required unless you have substantial interest income.
2007-02-07 10:02:52 · answer #10 · answered by Bostonian In MO 7 · 1⤊ 2⤋