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January 25, 2025
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I have no income last year, but keep paying home mortgage for 1st home, do I still need to file tax?

  • January 25, 2025
  • 1 reply
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Best answer by DoninGA

If you did not receive any type of taxable income in 2024 there is no need or reason to file a 2024 tax return.

 

Unless you also received a Form 1095-A for your health insurance through one of the State Marketplace Exchanges or from healthcare.gov then you must file a tax return.

1 reply

DoninGA
DoninGAAnswer
Employee
January 25, 2025

If you did not receive any type of taxable income in 2024 there is no need or reason to file a 2024 tax return.

 

Unless you also received a Form 1095-A for your health insurance through one of the State Marketplace Exchanges or from healthcare.gov then you must file a tax return.

NoisyAuthor
January 25, 2025

Thank you for answer.

Additional, I live in CA, an accounting guy told me I must file tax if I pay home mortgage even if I have no income, wondering if it make sense.

DoninGA
Employee
January 25, 2025

No, that does not make sense.  Mortgage interest is an itemized deduction and is useless since you have no income