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M
mgreen0386
March 31, 2025
Question

If you have no income but received schedule K-1's totaling $890.00, do you need to file taxes?

  • March 31, 2025
  • 2 replies
  • 0 views
No text available

2 replies

M
MinhT1
March 31, 2025

If you have no other income, you are not required to file a tax return.

 

However, if your Schedule K-1 form 1065 has an amount greater than $400 in Box 14 - Self-employment earnings, you have file a tax return and pay self-employment taxes.

 

[Edited 3/31/2025 | 1:33 PM]

 

@mgreen0386 

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B
Bsch4477
Employee
March 31, 2025

You have to file a return if that income was from self employment. 

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