Do I have to file if I had no income except for interest earned on IRA accounts, or interest on a money market account that is less than $100 dollars?
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New Member

Do I have to file if I had no income except for interest earned on IRA accounts, or interest on a money market account that is less than $100 dollars?

 
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Level 3

Do I have to file if I had no income except for interest earned on IRA accounts, or interest on a money market account that is less than $100 dollars?

No, if your total interest earned is less than $100 you do not have to file a return.  If you did not take any early withdraw retirement plan distributions that were subject to a penalty, and you have total taxable income of less than $12,000 then you do not need to file a return.  If you are over 65 you would not need to file if you have taxable income of less than $13,600.

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New Member

Do I have to file if I had no income except for interest earned on IRA accounts, or interest on a money market account that is less than $100 dollars?

When you say earned interest, are you talking about just the money market account, or all accounts combined?
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Level 3

Do I have to file if I had no income except for interest earned on IRA accounts, or interest on a money market account that is less than $100 dollars?

Anything interest that you actually received.  If you did not withdraw from the IRA, it would not be counted.  If you withdrew from it, then it would be.
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