I did not work in 2007, do i still file any tax forms?
I was jobless with no earned income in 2007, zero dollars earned. I lived on my savings from previous years and did not get a new job until the end of January 2008. Is there any tax form that I should file to say "zero earned income". I am a resident of Georgia and I also need to know if there are any state tax forms that i need to file stating zero income. I have no dependent, and no one can claim me as dependent for i am 22 years old. How will this effect my filing for next year? I was not on unemployment from the government and did not receive any govenmental money help what so ever.
Public Comments
- You have to file to be eligible for the supposed rebate check the govrernment has been talking about on the news.
- no
- Unfortunately with no 2007 earned income, you will not be eligible for the economic stimulus (requires $3000.00 income). So you do not need to file for 2007 (unless you had significant investment income). It is possible that you may still get some benefit from the stimulus depending how that all shakes out for 2008 taxes.
- No, no need to file if you didn't have income. But if you lived on your savings, did you have interest? or dividends? Those are taxable income, and depending on how much they were, you might have to file.
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