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Yes if the meet the must file a tax return requirement of having to file your tax return.

A self employed taxpayer would be required to file an income tax return if business operation had a net profit of 400 and pay the social security and medicare taxes that would be due plus any income after adding the net profit to all other gross income on the 1040 tax form and the amounts would be subject to income tax at the marginal tax rates.

A dependent on another taxpayer income tax return with unearned income interest, dividends, capital gains, rental income, taxable social security benefits, unemployment compensation, gambling winning and misc income, etc of more than 950 must file an income tax return and report all worldwide income on the 1040 tax return

For more detailed information on filing requirements go to www.irs.gov and use the search box for 1040 choose 1040 instruction and go to page 7 through page 9 The 2009 book is not available at this time.

http://www.irs.gov/pub/irs-pdf/i1040.pdf

And of course you do not want to forget the state as they could have different filing requirements and possibly some benefits you could be entitled to if you were to file a tax return with them

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Q: Do you have to file your Federal income taxes?
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What are the requirements to e file your federal income taxes for free?

Your income must be 58000 or less to file your federal income taxes for free. If your income is higher then you cannot file them for free from e-file.


Can you still file income taxes even though no federal taxes were taken out of check?

Can you still file income taxes even though no federal taxes were taken out of check?


Who has to file income taxes in Illinois?

Anyone with any income, or even without an income can file. You are required to file Federal taxes if you made more than $1,800. Illinois requires anyone that earns or receives income in the state to file state taxes.


When you file federal taxes what is considered taxable income?

SSI


Does a person drawing workers comp have to file taxes?

If worker's compensation is your only income for you and your family then no you don't have to file taxes. Worker's Compensation is not taxable on Federal Income Taxes.


DO you file taxes if you get state aid?

Yes when you have taxable income you would file a federal and state income tax return.


How old do you have to be to file income taxes?

Age is NOT one of the requirements of when you must file 1040 federal income tax return. As long as your are still breathing and have the required taxable income amounts you will be required to file a 1040 federal income tax return and pay any income taxes that may be due on the taxable amount of your income.


Do retirees have to file separation pay on their federal income taxes?

The general rule is: if it's income, then yes.


When is the last day to file federal income taxes?

The last day to file federal income taxes is typically April 15th. However, if this date falls on a weekend or holiday, the deadline may be extended to the next business day. It's important to check the current year's tax filing deadline to be certain.


When do I need to tell other to file their federal income tax?

You need to tell them to file their federal income taxes before April 15 I believe, here is the website check it out www.irs.gov/ that should show you when to file


If you're on welfare can you file for taxes?

You can file a income tax return if you WANT to if the only worldwide income that you have is the welfare income amount. IF you do NOT have any other worldwide income to be reported on the 1040 federal income tax return you would NOT be required to file a 1040 federal income tax return.


Are federal income taxes deductible for federal corporate income taxes?

No, they are not.