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No....unless you have a 1095A for marketplace health insurance.
Who has to file?
http://www.irs.gov/uac/Do-I-Need-to-File-a-Tax-Return%3F
Do I need to report the income and if yes how do I do it?
Did you read the reply above? Do you have a 1095A? If not, you do not have to file a tax return.
Yes, but everywhere I look it says I don’t need to file but I need to report it. So idk how true that is.
Did you get a 1099-NEC or 1099-Misc for $200? The person who paid you doesn't have to send you a 1099 for less than $600. You don't actually "file" a 1099. You file a 1040 tax return. You only pay tax on self employment income if you have a Net Profit on 1040 Schedule C for $400 or more.
Are you asking about filing a 2025 tax return for this year that hasn't ended yet OR for 2024?
I don’t have any papers yet. And I’m asking for 2025. Do I have to file anything not just what I said. I’ve never had a job before so idk
Are you being claimed as a dependent by someone else? You have not mentioned your age. You did not really answer the question about having a 1095A. If someone else claims you as a dependent and they are the one paying for the health insurance, you do not have to file a tax return or do anything about the 1095A.
I’m 18 and I have caresource through the government as my health insurance. I’m not being claimed as a dependent i believe
Also I do not have any tax forms like you are saying
You do not have to file a tax return. At the age of 18, it is highly likely that you will be claimed as a dependent by someone else--like a parent--on their tax return. You have not supported yourself on the $200 you received. Someone else is paying for you to have food, shelter and clothing, etc.
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