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Even if you had no income, there are many reasons for which may be required to file a federal individual income tax return. For example, if you have a loss from a business, certain deductions and other losses, you will need to file a tax return in order to carry those losses forward to future years in which you may be able to offset income in those years.

Also, if you have a foreign bank account or similar financial account, you are required to report this each and every year on Schedule B of IRS Form 1040. If you receive income from or are a grantor of a foreign trust, you are required to report this on Schedule B of IRS Form 1040.

See Sources and related links for additional information.

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Q: Do you have to file taxes if you made no money?
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Have no money how do I file my taxes?

have no money how can i file my taxes


What is the dollar amount you have to make to HAVE to file taxes?

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You made 1600.00 last year you are 18 years old do you need to file income taxes?

No you don't, it is considered hobby money unless you made $5,000 or more, then you DO have to file.


Do you have to file taxes if you made 7000 in Illinois?

file it dam you will get all that you paid in to federal and yes you have to file your taxes period


Can you file taxes with the money you receive from welfare?

yes


Do you have to file taxes if your under 18?

You may have to pay taxes if you are under 18 years of age. You are required to file taxes depending upon the amount of money that you bring in.


Do i have to file taxes if i made 20000?

Yes.


Where can I file my taxes for free?

This is the Website that I found most helpful when looking for info on I am working on filing my taxes but everywhere I go people charge you a lot of money to file your taxes. Are there any places I could go to file my taxes for free?


When you file your taxes, you will receive a ________ if more money was withheld from your paycheck than you needed to pay in taxes?

Refund


What happens when it is time to file your taxes if you claim too many allowances?

Get more money back when you file


Is you make 2000 dollars do you have to file income taxes?

$600 is the line for filing taxes. So yes, if you made $2000 you should file.