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I made zero income in 2023, am I required to file taxes on zero income?

No interest, no dividends, nothing. No unemployment or any other Federal program, just lived off my savings
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3 Replies

I made zero income in 2023, am I required to file taxes on zero income?

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.

rjs
Level 15
Level 15

I made zero income in 2023, am I required to file taxes on zero income?

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).

 

I made zero income in 2023, am I required to file taxes on zero income?

"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.

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