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Are you required to file an income tax return if you do not receive a W-2 form?
Wiki User
∙ 17y ago
Only people who are employees receive a Form W-2. Many others receive other forms, generally in the 1099 series that identify earnings. Many don't receive any forms, but because of self employment, or other sources of income from other places or reasons, have income (interest, winnings, profits, etc.) that require them to file a return. Receiving, or not receiving a form is NEVER the indicator or excuse for not filing a return. Anyone may file a return. It is generally a good idea for many reasons. Many people who may not have to file a return (generally because their earnings are too low), will benefit substantially by doing so...because of the many government programs that provide benefits to those same people. And those individuals that are looking for Federal Aid, Student Loans or mortgages, are after required to provide copies of tax returns. These help document earnings and income levels to qualify for these. IRS TAX TIP 2007-02 You must file a tax return if your income is above a certain level. The amount varies depending on filing status, age and the type of income you receive. For example, a married couple under age 65 generally is not required to file until their joint income reaches $16,900. However self-employed individuals generally must file a tax return if their net income from self employment exceeds $400. Check the
Wiki User
∙ 17y ago
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Does a 16-year-old have to complete a tax return for 2008 if he began working in 2008?
Whether you're required to file a return generally depends upon your age, filing status, and income. For 2008 income, Single under age 65 with no dependents isn't required to file if your income is under $8,950 ($9,350 for 2009). If you're claimed as a dependent on your parents' or someone else's return, then you'd be required to file for 2008 if your earned income was over $5,450 ($5,700 for 2009). However, even if you're not required to file a return, you should go ahead and file if income tax was withheld from your earnings to receive a refund of that tax.
Do I file a tax return if I only made 8000 gross income and I'm single and 21 years old?
You're not required to file a return for your Single filing status if your 2008 income is less than $8,950 (or less than $9,350 for 2009). Even though you're not required to file, you should file if income tax was withheld from your earnings in order to receive a refund of that tax. Also, if you're eligible for certain credits (such as earned income), you should file even when not required
Do you have to file an income tax return over the age of 80?
There is no age limit on the requirement to file and income tax return. As long as you have more income than the filing threshold, you will be required to file a return, no matter what your age.
If you're 17 years old and earned 1500 income and you're claimed on your parents' return do you need to fill out a tax return?
No. For 2008 as a single dependent under 65 you only would be required to file if your earned income was over $5,450. For 2009 you only would be required to file if your income was over $5,700. Although you're not required to file, you should file anyway if any income tax was withheld from your earnings in order to receive a refund of that withholding.
Is an LLC required to file tax return if no income?
In certain states, all corporation are required to file a tax return regardless of income. This is also to pay their annual dues or fees to the state.
Do I pay tax on the rent I receive from a rental?
Of course you do. This is a form of income and you are required to file such income. At the same time you may deduct expenses in gaining this income. You need to have a professional file your return for you.
Does a 16-year-old have to complete a tax return for 2008 if he began working in 2008?
Whether you're required to file a return generally depends upon your age, filing status, and income. For 2008 income, Single under age 65 with no dependents isn't required to file if your income is under $8,950 ($9,350 for 2009). If you're claimed as a dependent on your parents' or someone else's return, then you'd be required to file for 2008 if your earned income was over $5,450 ($5,700 for 2009). However, even if you're not required to file a return, you should go ahead and file if income tax was withheld from your earnings to receive a refund of that tax.
Do I file a tax return if I only made 8000 gross income and I'm single and 21 years old?
You're not required to file a return for your Single filing status if your 2008 income is less than $8,950 (or less than $9,350 for 2009). Even though you're not required to file, you should file if income tax was withheld from your earnings in order to receive a refund of that tax. Also, if you're eligible for certain credits (such as earned income), you should file even when not required
Do you have to file an income tax return over the age of 80?
There is no age limit on the requirement to file and income tax return. As long as you have more income than the filing threshold, you will be required to file a return, no matter what your age.
When do you not have to file Federal Income tax?
No reportable taxable income to be entered on a income tax return would be a good start of not being required to file a federal income tax return.
If you're 17 years old and earned 1500 income and you're claimed on your parents' return do you need to fill out a tax return?
No. For 2008 as a single dependent under 65 you only would be required to file if your earned income was over $5,450. For 2009 you only would be required to file if your income was over $5,700. Although you're not required to file, you should file anyway if any income tax was withheld from your earnings in order to receive a refund of that withholding.
Is an LLC required to file tax return if no income?
In certain states, all corporation are required to file a tax return regardless of income. This is also to pay their annual dues or fees to the state.
Do person receiving ssi have to file tax return?
If SSI is the only income that you and your spouse, if married, receive then you will not be required to file an income tax return for the Federal Government.
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 retired civilians required to file an income tax return?
Yes we are!
Can you file unearned on your taxes with 2 children?
If you are a dependent on another taxpayer's income tax return and you have 950 or more of unearned income you would be required to file a 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.
