183k views
3 votes
What kind of taxpayers must always file a tax return; regardless of taxable income?

1 Answer

4 votes

Final answer:

Taxpayers who must always file a tax return, regardless of taxable income, include individuals with certain types of income and those who want to claim specific tax credits or deductions.

Step-by-step explanation:

Taxpayers who must always file a tax return, regardless of taxable income, are individuals who earn above a certain threshold or have specific types of income. These taxpayers are required to file a tax return to report their income and pay the necessary taxes. For example, individuals who earn self-employment income, have rental income, or receive income from investments must always file a tax return.

Other situations that may require taxpayers to file a tax return include having a dependent and wanting to claim certain tax credits or deductions. Even if their taxable income is below the filing threshold, taxpayers may still choose to file a tax return to receive a refund or claim certain benefits.

Overall, it is important to consult the current tax laws and regulations to determine if you are required to file a tax return or consult a tax professional for personalized advice.

User Hamster
by
9.2k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories