3379292
You'll need to sign in or create an account to connect with an expert.
If you received no income of any kind in 2023 then you are not required to file a 2023 tax return.
Unless you also received a Form 1095-A for your health insurance through one of the State Marketplace Exchanges or from healthcare.gov then you must file a tax return.
You are also required to file a tax return if you took any money out of a Health Savings Account (HSA) or Medical Savings Account (MSA).
"Living off my savings" is a bit vague. Even a savings account usually pays some interest, and that is considered taxable income. Selling stocks, gold, collectibles, or other investments to raise cash is reportable, and may be taxable if you sell for more than you paid. Withdrawals from retirement accounts are usually taxable.
If you really have no taxable income, or at least your taxable income is less than $13,800, then you are not required to file.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
jigga27
New Member
branmill799
New Member
anonymouse1
Level 5
in Education
ripepi
New Member
Sgoddard14
New Member