Yes this could be possible that you would be required to file a 1040 income tax return when you have other sources of worldwide income from investments, etc.
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 and pay income taxes that WILL BE DUE WHEN THE INCOME TAX RETURN IS COMPLETED CORRECTLY..
The must file an income tax return requirement for the year 2009 would be in the 2009 1040 instruction book starting on page 7 through 9 and the book is available at the IRS gov website and using the search box for 1040 and choosing instructions.
Filing Requirements
Do You Have To File
Sure. If you have income, you are required to file income taxes.
There is not a minimum income one must have in order to file taxes. Anyone can file taxes if they want.
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.
I'm on SSDI do I file taxes on $10,300.00 total income
Can you still file income taxes even though no federal taxes were taken out of check?
Yes you can file income taxes on $945.00 that you earned.
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.
Sure. If you have income, you are required to file income taxes.
There is not a minimum income one must have in order to file taxes. Anyone can file taxes if they want.
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.
Sure they would be required to file a 1040 federal income tax return and pay any income taxes that may be due. Under 950 of unearned income (did not work for income) would be required to file a 1040 federal income tax return and pay some income taxes on the amount over 950 of UNEARNED income.
I'm on SSDI do I file taxes on $10,300.00 total income
Can you still file income taxes even though no federal taxes were taken out of check?
$600
you don't have to file taxes if the total income was $100.00.
Requirements to file taxes is not based on age but income. If your income is below a certain amount, you do not have to file.
Yes this can happen you will have to file your resident state income tax return and your nonresident state income tax return.