Can I File Taxes If I Have No Income
You can also still file to get back any taxes withheld from your pay or to claim certain refundable tax credits. However there are income thresholds and other factors to consider first. Can I File An Income Tax Return If I Don T Have Any Income Turbotax Tax Tips Videos For example if youre single and were under 65 as of the end of 2020 you wont have to file a tax return if your income was under 12400. Can i file taxes if i have no income . If you have to file income this year the good news is that there are some tax credits that may cover your balance completely. Theres nothing illegal about filing a Federal tax return displaying zero income. If your income during the tax year falls below the IRS minimum requirements youre not required to file a tax return. If you are in doubt I would suggest talking to a local CPA or find other local tax help. If you had very low or no income last year and are not required to file you may wish to file anyway to claim certain refundable ta...