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March 12, 2021
Question

If my total income was only $47, my withheld taxes were $0, and I owe $0, do I have to file a federal and/or NY state tax return?

  • March 12, 2021
  • 1 reply
  • 0 views
I received third party sick pay, which isn't taxable; the $47 total income is investment income. I qualify for a deduction of $14,900. Do I have to file federal and NY tax returns?

1 reply

March 16, 2021

No, you do not need to file.  You do not meet both filing requirements.  

 

For Federal filing requirements, click here: Form 1040 filing requirement

For NY filing requirements, click here: https://www.tax.ny.gov/pit/file/residents.htm