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Never filed taxes before, never met income threshold, but will file for 2013, can this cause a problem for me?

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  • Never filed taxes before, never met income threshold, but will file for 2013, can this cause a problem for me?


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Answer #1 | 23/12 2013 08:00
Not likely. As long as you have records of your income and source of support that would quell any questions pretty quickly, though the likelihood of any is very slim. Do note however that the filing requirement amount is based upon your worldwide income. While interest rates are minimal today, in the mid 1990s that was not the case when the filing requirements were MUCH lower than they are today.
Answer #2 | 23/12 2013 08:27
Should not be an issue, no.
Answer #3 | 23/12 2013 08:28
it is entirely possible but obviously you can show that you were not required to do so in those other years and you do know that US citizens are taxed on world wide income, right?
Answer #4 | 23/12 2013 17:55
Go for it and get it done correctly and completely during the 2014 tax filing season for the 2013 tax year 1040 FIT return. Hope that you find the above enclosed information useful. 12/23/2013

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