• andros_rex@lemmy.world
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    1 year ago

    How fucked are you if you don’t file?

    I didn’t file last year, because I’ve been in a clusterfuck of borderline homelessness and odd jobs for the past two years. Idk if I am even able to file this year if I didn’t last?

    • Waraugh@lemmy.dbzer0.com
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      1 year ago

      Income amount that requires you to file

      If you were under 65 at the end of 2024

      If your filing status is: File a tax return if your gross income is:
      Single $14,600 or more
      Head of household $21,900 or more
      Married filing jointly $29,200 or more (both spouses under 65) $30,750 or more (one spouse under 65)
      Married filing separately $5 or more
      Qualifying surviving spouse $29,200 or more

      https://www.irs.gov/individuals/check-if-you-need-to-file-a-tax-return

      I’ve had to work with the irs a few times in my life and they were always reasonable and understanding. I lost everything and had to scrounge up $200k by selling off a business and everything but a shirt off my back and they never charged interest or late fees because I always answered their calls and kept them updated on what was going on. I know many others have had different experiences but the two times I was in deep shit and desperate times I walked away with a positive experience from the irs.

    • CoCo_Goldstein@lemmy.world
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      1 year ago

      It sounds like you aren’t making much money, so you probably don’t owe much, if any, in taxes. For the year 2024, if you got a W-2 from your employer, you should file. What you did in previous years won’t affect your ability to file this year. Who knows? perhaps you will get a refund.