Can U File Taxes With No Income

The minimum varies according to your age and filing statuswhether you are single head of household filing jointly with your spouse or you can be claimed as a dependent on someone elses taxes. Since you have a dependent you could qualify for one of the many irs refundable credits.

Do You Need To File A Tax Return In 2019

can u file taxes with no income

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Filing taxes without any income if an individual has no income at all he does not need to file a tax return but he can do so if he wants.

Can u file taxes with no income. For example taxpayers can qualify for the earned income credit if they earned income from wages or self employment during the tax period in question. The minimum amount to file taxes varies depending on age filing status and other household income. It may seem counter intuitive that you may still be eligible for a tax refund even if you did not earn any money.

And perhaps even more pressingly why would you want to. Whether or not you need to file taxes with no income depends on your situation. There are some limited circumstances when you may be able to get money back from filing your taxes even when you had no income.

Do you know how much you have to earn to be able to recieve eic. You can view your auto included information in the income deductions and reliefs statement idrs at mytax portal. You will still have to file a tax return if you received a notification to file and declare your other sources of income eg.

Even if you earned income last year if it falls below the irs minimum you dont have to file a tax return. Consult irs publication 17 or call the irs at 800 829 1040 to speak with a tax law specialist. However there is a difference between not claiming your child because you have no taxable income versus not having.

You may want to file even if you dont have any income and the simplest form for filing is form 1040ez. The idea of not having to file your annual income taxes sounds like a daydream for most people and if you made little or no income during the tax year its very possible to make that dream come true. But can you file income taxes with no income.

If you have zero income it is likely that you did not pay any taxes during the taxable year. The eic starts with the very 1st of earned income reaches a maximum at about 10000 of income and then starts phasing out at about 17000. If you are not married so you would not be filing a joint tax return with your spouse then there is no point for you to file a tax return if you do not have income of any kind regardless if you have children or not.

This can include interest dividends pension income and business income. One of the tax benefits of having children is that you can claim them as dependents and claim exemptions for each one of them on your return. Can i claim my child on taxes if i have no taxable income.

Also can i claim my kids if i have no income all year.

You Don T Have To Pay Federal Income Tax If You Make This