Someone told me you still need to file and say you made $0 . Is that true?
2007-04-16 07:08:21 · 17 answers · asked by Mark H 2 in Business & Finance ➔ Taxes ➔ United States
If you did not earn any income in 2006, then you don't have to file a return.
2007-04-16 07:34:06 · answer #1 · answered by Ola 4 · 0⤊ 0⤋
No. If you have absolutely no income whatsoever, you don't *have* to file. You can if you'd like but it's a waste of time and paper.
However, if you have income but don't actually *owe* any taxes, you still have to file. This may have been what the person who told you that meant.
If you make any money over $600 (I believe that's the current threshold) in a year you have to file taxes whether or not you actually end up oweing the IRS anything.
2007-04-16 07:13:49 · answer #2 · answered by Digital Haruspex 5 · 0⤊ 1⤋
One person of a married couple can never claim their spouse as a dependent. If one person makes money and the other doesn't, the person who makes the money can file as married filing separately, but if they owe any tax they'll pay more than if they filed a joint return. AA federal refund from the previous year isn't taxable. A state or local refund might be if the couple itemized the previous year
2016-05-21 03:54:26 · answer #3 · answered by ? 3 · 0⤊ 0⤋
You do not need to file, you may if you wish to. If you have paid any phone bills in the last 31 months you may be eligible for the $30 exercise tax rebate.
2007-04-16 07:43:39 · answer #4 · answered by irartax 2 · 1⤊ 0⤋
I am almost positive that if you have no income you don't have to file an income tax return. Also, I think there is a minimum income you need to make in order to file...over $600.
2007-04-16 07:12:27 · answer #5 · answered by Anonymous · 0⤊ 2⤋
No it's not true. If you don't have any income, or your income is below the filing limit for your filing status, you don't file.
2007-04-16 08:13:55 · answer #6 · answered by Judy 7 · 0⤊ 0⤋
no. if you make less than 5,000 dollars in ayear and are over the age of 18 you do not need to file.
Now if you are collecting unemployment, or trying to get EIC then you do need to file.
I would use one of the free online tax forms and see what it says.
go to www.irs.gov and then do a search for free taxes. they will send you to an several online places. I would use handrblock and have your taxes done for free. It may be possible that you got something called the EIC (earned income credit coming back to you)
2007-04-16 07:12:30 · answer #7 · answered by Adorabilly 5 · 0⤊ 1⤋
You don't have to, but, you should just to cover yourself. I believe if you make under 10 thousand dollars you don't have to file, however, I always filed even when I had no income.
2007-04-16 07:13:32 · answer #8 · answered by cireengineering 6 · 0⤊ 1⤋
definitley file just in case. you would be suprised, you may actually get money back. you can use turbo tax online for free since you made less then 30,000 (thats not the exact number, but either way you made less)
go to http://turbotax.intuit.com/taxfreedom/ and you wont have to pay anything and its pretty easy. Ive always done it myself.
Last year i didnt work once and i got 300 back so who knows, you may get something too.
2007-04-16 07:13:12 · answer #9 · answered by arae8419 2 · 0⤊ 1⤋
It only takes a few minutes to do that can save you hours of aggravation down the road. I recommend doing them just to have them on file.
2007-04-16 07:12:40 · answer #10 · answered by The_phoenix 2 · 0⤊ 1⤋