Are You Required to File your Taxes.

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News Tax Update

Are You Required to File your Taxes even If you Haven’t Worked?. 

If you have no income, you’re usually not required to file a tax return.  

BUT…. 

You could qualify for certain government credits. 

Do you have children? If so You could qualify for a credit of up to $5,000 if your child is under 5 years old or up to $3,000 if your child is between the ages of 6 and 17 years old. 

Example, If you have only earned $2,500 during 2021, the law exempts you from filing Your taxes. 

Some credits you can qualify for are: 

  • Head Of Household Credit
  • Child Tax Credit 
  • The American Opportunity Rebate Credit. 

Don’t lose your credits.  

Schedule your appointment today! 

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