I don’t make (a lot of) money; do I still need to report to the USA?

2 min
Published on: 20-05-2016 Last modified on: 02-01-2024

Yes. Even if you have no earnings, it does not always dismiss you from filing taxes in the US; it will most likely result in you not paying any tax.

Basically, you have to file an IRS Form 1040 for the previous year if your income was above a certain threshold. These thresholds are the same as for US residents.  For tax year 2023 (filing in 2024) the thresholds – total yearly income thresholds are:

Status Under 65 65 or older
You are single (unmarried) $13,850 $15,700
You are married filing jointly $27,700 $29,200
You are married filing separately $5 $5
You are filing as “Head of household” $20,800 $22,650
You are a widow or widower with dependent child $27,700 $29,200

 

For tax year 2022 thresholds: please see the IRS Website.

 

ATTENTION:

  • Are you married and are you filing a joint tax return, but you no longer live(d) at the same address at the end of tax year 2023 (or on the date your spouse died)? Then, a threshold of $ 5 applies.
  • Are you married and filing a joint tax return, and is one of the partners age 65 or older? Then the declaration threshold is $29,200. Are you both 65 years or older? Then the declaration threshold is $30,700.

Self-employed: If your net earnings from self-employment are $400 or more, you must file a return even if your gross income is below the amount listed for your filing status in the table shown above.

Important note: Certain government subsidies such as child benefits, unemployment benefits, and subsidies are regarded by the US as reportable income that might make you reach the filing threshold.

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