Guest mithesaint Posted February 28, 2006 Report Share Posted February 28, 2006 Quick question for the income tax gurus out there. I'm a full time college student, and due to school demands, was unable to have a job this year, not even a summer job. Sooooo...I have no W2. I had no income this year. I lived on government loans. Do I need to file a 1040 anyway? I've filed in the past, but never made more than $7000 a year. My parent's accountant said I don't have to file, but that just doesn't sound right. Thoughts? Quote Link to comment Share on other sites More sharing options...
Nitrousbird Posted February 28, 2006 Report Share Posted February 28, 2006 Yes you have to file, but it should take all of 2 minutes to do your taxes. Quote Link to comment Share on other sites More sharing options...
Lustalbert Posted February 28, 2006 Report Share Posted February 28, 2006 Could be worth filing. You are old enough to qualify for the earned income credit. Pending on how it is set up this year, you may get a runfund without paying in. Quote Link to comment Share on other sites More sharing options...
JCBCPA Posted February 28, 2006 Report Share Posted February 28, 2006 Quick question for the income tax gurus out there. I'm a full time college student, and due to school demands, was unable to have a job this year, not even a summer job. Sooooo...I have no W2. I had no income this year. I lived on government loans. Do I need to file a 1040 anyway? I've filed in the past, but never made more than $7000 a year. My parent's accountant said I don't have to file, but that just doesn't sound right. Thoughts? http://www.irs.gov/individuals/article/0,,id=96623,00.html Quote Link to comment Share on other sites More sharing options...
Guest Luetic Posted February 28, 2006 Report Share Posted February 28, 2006 Yes, you're so poor that you get a tax refund without having paid any in! How fucked up is that! So, yes, file. Quote Link to comment Share on other sites More sharing options...
Archie Posted February 28, 2006 Report Share Posted February 28, 2006 Yeah free money!!! I hope you get a big check, while other hard working individuals bust their ass and work several jobs to pay for college expenses. You're probably majoring in pop culture or something like that, and will receive a steady salary in the form of welfare when you get out of school. Full time students get fucked, I'm only getting $45 bucks for my return because I made too much $$ this year. Quote Link to comment Share on other sites More sharing options...
Guest MissTypeS Posted February 28, 2006 Report Share Posted February 28, 2006 ^Jesus. I haven't read many of them, but the posts of yours I have read have been nothing but lame. At least he's in school. Did you go? Quote Link to comment Share on other sites More sharing options...
MrMeanGreen Posted February 28, 2006 Report Share Posted February 28, 2006 Don't blame the student, blame the system. It's not his fault, and I expect this thread to stay civil. Quote Link to comment Share on other sites More sharing options...
Guest mithesaint Posted March 1, 2006 Report Share Posted March 1, 2006 Thanks for all the info guys. I guess I've got some work to do. This shouldn't take too long. Getting some cash would be a nice bonus. I was just hoping not to have the IRS at my door! Anthony, it will stay civil, but I have to say this first. Hey sweet8tooth......F*$& off. I'm in my eighth year of higher education. I have a BS in biology from John Carroll University, a highly regarded institution in Cleveland, which coincidentally, doesn't even have a pop culture major, unlike BGSU. I'm currently in my fourth year of Veterinary school here at OSU. In a few short months, you'll be obligated to refer to me as Dr. Smith. I beat out 8 other students for my spot here at OSU. 1000 people applied for 135 seats. Not quite simple to get in. I spend at least 60 hours, sometimes more, at school each week. I'm NOT allowed to have an official job. I've done a few little things on the side for a few bucks, but we're not allowed otherwise. Any other intelligent comments, moron? Quote Link to comment Share on other sites More sharing options...
Berto Posted March 1, 2006 Report Share Posted March 1, 2006 *sweet8tooth, foot in mouth* [/thread] Quote Link to comment Share on other sites More sharing options...
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