AliciaP1
Expert Alumni

Get your taxes done using TurboTax

There are factors to consider when determining if you have to file a 2021 return.

 

Since you have calculated your self-employed income (net earnings) to be negative you may not need to file if none of these conditions apply:

  • You had $400 or more in self-employment net earnings (gross income minus expenses); or
  • You had marketplace health insurance and you received advanced payments for the premium tax credit.
  • If you're not being claimed as a dependent on another tax return please see the chart Do I need to file a federal return this year?

If you're being claimed as a dependent on someone else's 2021 return, like your parents', go to Do I need to file my own taxes if I'm a dependent? 

 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"