Posts Tagged ‘2021 Federal Form 1040 filing’

Are You Required To File A Personal Tax Return???

Thursday, January 13th, 2022

The exclusive purpose for the information which is provided from this website is to disseminate information, and not to provide tax advice. 

There are certain circumstances in which you are not REQUIRED to file a personal income tax return (see page nine of 2021 Instruction 1040 (irs.gov) under “Filing Requirements”) including Charts A, B, or C.  However, there are also situations in which you may decide to file anyway, for example Federal and state income taxes were withheld from your income (Form 1099 MISC, Form 1099 NEC, or W-2), you do not owe any Federal or state income taxes, and you wish to have the withheld funds returned to you.  Additionally, there are situations in which you are entitled to a “refundable tax credit”  [“refundable tax credits” provide you a tax refund when you don’t owe any tax.].

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