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Tax return filing requirements; issues of failure to file

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3. When is a taxpayer required to file a federal income tax return?
What are the consequences of failing to file a tax return that you were otherwise required to file?
When would a taxpayer with no income tax liability and no withholding want to file a tax return?

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Solution Summary

A table is attached which clearly defines the filing limits for each of the various filing statuses. The solution explains 4 consequences of failing to file a return followed by 6 possible reasons to file even though not required to file.

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When is a taxpayer required to file a federal income tax return?

See the table attached.

What are the consequences of failing to file a tax return that you were otherwise required to file?

Consequences could include:
1. That the taxpayer will not receive the refund he or she might have been due. Even a late filing (after two years) will not get that refund.
2. That the taxpayer did not pay the amount of tax due in a timely ...

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