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March 13, 2024
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Winnings if you don't have to file ???

  • March 13, 2024
  • 1 reply
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Hi

So due to the writer's strike and severe family health issues I did not work a single day last year. However I did win some prizes in a contest . The MSRP of the prizes was $3018 and I had to fill out a W-9 Request for Taxpayer
Identification Number and Certification form before I got the prizes.

If I don't have to file since I didn't make enough money last year [ none],  do I still need to file because of the prize winning ?


                                                                          Thank you

    Best answer by Vanessa A

    Possibly.  You do not have to file just because you won a prize if your overall income is $0 and you are still below the filing threshold to file for the federal of $13,850  

     

    However, depending on which state you are in, they may have different filing requirements.  If so, some states require that you file a federal return in order to file a state return, so you may need to file both a federal and a state.

     

    Which state are you in?

    1 reply

    Vanessa AAnswer
    March 13, 2024

    Possibly.  You do not have to file just because you won a prize if your overall income is $0 and you are still below the filing threshold to file for the federal of $13,850  

     

    However, depending on which state you are in, they may have different filing requirements.  If so, some states require that you file a federal return in order to file a state return, so you may need to file both a federal and a state.

     

    Which state are you in?

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    ShinzuerAuthor
    March 13, 2024

    South Carolina

    March 13, 2024

    No. 

     

    "If you are a South Carolina resident, you are generally required to file a South Carolina Income Tax return if you are required to file a federal return."  SC FAQ

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