No income in 2023
I left my job in the fall of 2022 and did not work in 2023. I am 63 years old and have not filed for SS benefits yet nor have I taken any payments from my retirement fund. I do not own any property. Do I need to fill out any tax forms for the IRS since no income for 2023?
Tagged:
Answers
-
Generally, if your adjusted gross income is below the filing threshold (13,850 if single and under age 65) then you are not required to file a tax return. There are exceptions, if you have at least $400 of self-employment income, then you need to file a return.
You can use this tool from the IRS to help you determine if you should file: