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2 replies

Employee
April 5, 2023

If your only income in 2022 was one dollar, you have no reason to file a tax return.   Perhaps someone else can claim you as a dependent.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
Hal_Al
Employee
April 5, 2023

In simple terms, the minimum income for having to file a tax return is $400. For most people the limit is $12,950. But, some people are subject to the $400.  Either way, you do not need to file with $1 of income.