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New Member
posted Feb 11, 2025 12:42:58 PM

I am on workers compensation and have a dependent , also I have a 1099 from my bank . should I file taxes this year ?

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1 Replies
Level 15
Feb 11, 2025 12:44:52 PM

Workers compensation is not taxable and does not get entered on a tax return.  You cannot use it to get refundable child-related credits.    You say you have a "1099" but there are more than a dozen kinds of 1099's.  You have not mentioned what kind you have or how much it is for.

 

 

Who has to file?

http://www.irs.gov/uac/Do-I-Need-to-File-a-Tax-Return%3F