My grandparent live in NJ. They are retired seniors with absolutely no income, meaning no federal money or retirement fund. Do they have to file a federal income tax return?
2007-03-22 08:24:46 · 14 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ United States
no you don't need to file a tax return if no income was earned in 2006.
2007-03-22 09:43:28 · answer #1 · answered by Ola 4 · 0⤊ 0⤋
The 2012 income tax filing season should begin some time around the middle of January 2012 probably the 17 BUT you first must have all of your W-2s and forms so that you can correctly fill out your 1040 income tax return and report all of your worldwide income from all sources as you are required to do at that time of the year. Hope that you find the above enclosed information useful. 11/01/2011
2016-03-28 23:55:38 · answer #2 · answered by Anonymous · 0⤊ 0⤋
No they don't have to but if they have a telephone they should file to get some money back because of a one time telephone tax credit they are giving out.
2007-03-22 08:34:06 · answer #3 · answered by Butterfly Kisses 2 · 0⤊ 0⤋
No they don't have to file if they don't have any income. And if they had social security, but nothing or only a few thousand in addition, then they wouldn't have to file then either.
2007-03-22 09:40:21 · answer #4 · answered by Judy 7 · 0⤊ 0⤋
No, you have to earn at least $3000 a year, per person, in order to file (that's what my tax preparer told me once).
I know someone said they could file to get the phone rebate, but I heard yesterday on talk radio it may not be worth it because you may pay more to file in order to get it unless you have all those records to prove how much you get back.
2007-03-22 08:33:34 · answer #5 · answered by Denise 3 · 0⤊ 1⤋
Well, if they have no income at all, they wouldn't have any taxes takin out of them, correct?
So therefor if they have no taxes being deducted, they have no reason to file.
If they get any type of social security, the also do not have to file, they don't take taxes out of that! LOL
2007-03-22 08:35:11 · answer #6 · answered by Nancy Lou 2 · 0⤊ 1⤋
If they truly have no income, then no, they don't need to file a return.
2007-03-22 08:28:31 · answer #7 · answered by leaptad 6 · 1⤊ 0⤋
Absolutely NOT! You are not required to file a return if you have no taxable income. They are safe! :)
2007-03-22 08:29:48 · answer #8 · answered by MarineMom 6 · 2⤊ 1⤋
No. They can file Form 1040EZ-T to capture the phone tax rebate if they wish, however.
2007-03-22 08:30:11 · answer #9 · answered by Bostonian In MO 7 · 3⤊ 0⤋
You can check here: http://www.irs.gov/individuals/article/0,,id=96623,00.html
2007-03-22 08:34:39 · answer #10 · answered by MI Lighthouse 2 · 0⤊ 1⤋