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dglaab7
New Member

I owe $1 on my Federal 1040, do I need to pay it?

 
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6 Replies

I owe $1 on my Federal 1040, do I need to pay it?

No, if you tax bill is $1 or less, you do not need to pay.

I owe $1 on my Federal 1040, do I need to pay it?

Does this still apply for the 2019 returns or has anything changed?

SusanY1
Expert Alumni

I owe $1 on my Federal 1040, do I need to pay it?

This still applies.

 

@slyer

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paradise2019
Returning Member

I owe $1 on my Federal 1040, do I need to pay it?

DOES THIS STILL APPLY FOR 2021 TAX RETURNS?

LenaH
Employee Tax Expert

I owe $1 on my Federal 1040, do I need to pay it?

Taxpayers don’t have to pay if the balance due is less than $1. 

 

@paradise2019

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paradise2019
Returning Member

I owe $1 on my Federal 1040, do I need to pay it?

The balance due is $1 even, so does that qualify? It throws me off when is says less than $1 so I wasn't quite sure, thanks

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