Ever been told you don’t need to file a tax return but still wonder if that’s accurate? In some cases, filing a non-filer tax return is necessary, even if your income doesn’t meet the standard thresholds. What is a non-filer return, and why might you need to file one?
Non-filer returns ensure that individuals who typically don’t file still meet specific reporting requirements, especially for claiming benefits like stimulus payments or tax credits. This guide will explain how to file a non-filer tax return and why it’s important.
What is a Non-Filer Tax Return?
A non-filer tax return is a simplified version of a tax return for individuals who are not typically required to file due to low income or other reasons.
Why File as a Non-Filer?
Even if you’re not required to file a regular tax return, you may need to submit a non-filer return to:
- Claim refunds for withheld taxes.
- Qualify for credits, such as the Earned Income Tax Credit (EITC) or Child Tax Credit (CTC).
- Report Social Security income or other non-taxable benefits for official records.
Who Needs to File a Non-Filer Tax Return?
You might need to file a non-filer return if:
- You Earned Below the Minimum Income Threshold:
For 2024, individuals earning below these amounts typically don’t need to file:
- Single: $13,850 (under 65).
- Married Filing Jointly: $27,700 (if both are under 65).
- You Want to Claim Benefits:
If you qualify for tax credits or refunds (like a stimulus payment), a non-filer return ensures you receive these amounts. - You Received Non-Taxable Income:
Examples include Social Security or veterans’ benefits that must still be reported.
Steps to File a Non-Filer Tax Return
Step 1: Confirm Your Eligibility
Determine whether you meet the criteria for filing as a non-filer. If your income falls below the standard filing thresholds, you may qualify.
Step 2: Gather Necessary Documents
Even as a non-filer, you’ll need certain information, including:
- Personal Identification: Social Security number or ITIN.
- Income Statements: Forms like SSA-1099 for Social Security benefits.
- Bank Details: For direct deposit of any refunds or credits.
Step 3: Use IRS Non-Filer Tools
The IRS often provides an online tool specifically for non-filers. Here’s how to use it:
- Create an IRS account or log in to an existing one.
- Follow the prompts to enter basic information like your name, address, and income details.
- Submit the form electronically for processing.
If the tool isn’t available, you can manually file a simplified Form 1040.
Step 4: Submit Your Non-Filer Tax Return
Once completed, your return can be submitted:
- Electronically: Using the IRS non-filer portal or authorized e-filing software.
- By Mail: Send Form 1040 to the appropriate IRS address based on your state.
Step 5: Track Your Return
You can track the status of your non-filer return using the IRS Where’s My Refund tool. This ensures you stay informed about any refunds or credits due.
Common Mistakes to Avoid When Filing a Non-Filer Return
1. Forgetting to Claim Credits
If you’re eligible for benefits like the EITC or Child Tax Credit, make sure to claim them on your return.
2. Missing the Deadline
While non-filer returns are simplified, they must still be submitted on time to avoid delays in receiving benefits.
3. Providing Inaccurate Information
Double-check all personal details and income figures to avoid processing delays.
Benefits of Filing a Non-Filer Tax Return
Filing as a non-filer ensures you:
- Receive Refunds and Credits: Even if you don’t owe taxes, you can still claim eligible benefits.
- Avoid Future Issues: Properly filing keeps your records up-to-date with the IRS.
- Access Stimulus Payments: If new economic relief programs are introduced, a non-filer return ensures you qualify.
Wrapping It Up
Filing a non-filer tax return might not be something you think about often, but it can be critical for accessing refunds, credits, or government benefits. Whether you’re a retiree, earning below the threshold, or someone with non-taxable income, submitting a non-filer return ensures you don’t miss out on what you’re owed.
Need help filing your non-filer tax return? Contact Globe Tax for professional assistance and a stress-free experience. Let us help you stay on top of your tax obligations!
FAQs
1. What is a non-filer tax return?
A non-filer tax return is a simplified return for individuals who don’t meet the standard income thresholds but need to report income or claim benefits.
2. Who should file a non-filer return?
You may need to file if your income is below the threshold, but you’re eligible for refunds, credits, or stimulus payments.
3. How do I file a non-filer return?
You can use the IRS non-filer tool or manually complete a simplified Form 1040.
4. Do I need to file as a non-filer every year?
Not necessarily—only file if you need to claim benefits or refunds for that tax year.
5. What happens if I don’t file a non-filer return?
You could miss out on refunds, tax credits, or benefits like stimulus payments.
