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How does not having any income for a year affect my income taxes? (In Washington state)?
I finished college full time in 2009, but had 0 income for a year solid. What does that mean for my taxes? I won't get any w-2 since I never worked, just looked for work.
1 Answer
- Anonymous1 decade agoFavorite Answer
You still should file a tax return, and it will be extremely simple. Enter - O - as earnings (that's zero), then enter - O - as federal tax withheld, then enter - O - as your refund amount. Sign, date, and mail.
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The IRS likes it if you file even though you didn't have any taxable earnings, so it's a good practice to do so.
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Naturally, you won't get a tax refund since you never had any federal taxes withheld in the first place.