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

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

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

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

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

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

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

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

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

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