Friday, February 24, 2023

Are You Even Required to File a Tax Return? Here’s How to Tell

Woman working on a federal income tax return
REDPIXEL.PL / Shutterstock.com

An estimated 40% of Americans won’t pay any federal income taxes for the 2022 tax year — the one for which returns are due by April 18 — according to the Tax Policy Center. “How can that be? Are they tax cheats?” you might be wondering as you stare at what seems like an unfairly high tax bill. While cheaters exist, so do tens of millions of households that legally owe no taxes and aren’t even...



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