Learning Center
We keep you up to date on the latest tax changes and news in the industry.

Video Tips: Why You Should File a Tax Return Even When Not Required

Generally, an individual is required to file a federal tax return for a year if their income exceeds the standard deduction for their filing status for that year.  Self-employed individuals also must file if their self-employment earnings for the year exceed $400, even if their income does not exceed the standard deduction. Special rules apply to certain children who have taxable income. State rules may vary.

Share this article...

Want tax & accounting tips and insights?

Sign up for our newsletter.

I confirm this is a service inquiry and not an advertising message or solicitation. By clicking “Submit”, I acknowledge and agree to the creation of an account and to the and .
Erblaw How can I help?
Our bot can help you with some of the most commonly asked questions about our firm.
Please fill out the form and our team will get back to you shortly The form was sent successfully