this post was submitted on 18 Nov 2023
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Lemmy Shitpost

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[–] kttnpunk@lemmy.world 9 points 10 months ago (3 children)

I actually haven't done my taxes in like 2 years due to extreme poverty (in the u.s you don't have to file if your income is under a certain threshold) I think I'm still under that, but I still should probably file this year right? Is there anything specific I should do? Maybe not the best place to ask, but I hate financial anything so I'd really appreciate some advice

[–] pokemaster787@ani.social 10 points 10 months ago (1 children)

in the u.s you don’t have to file if your income is under a certain threshold

You don't have to but also if you're under that threshold you would almost certainly be getting a refund of all of the taxes you paid that year. So I highly recommend filing even if you don't need to

[–] kttnpunk@lemmy.world 2 points 10 months ago (1 children)

I'm pretty sure TurboTax told me otherwise, it would've cost me to file I hate this goddamn nonsense but ty

[–] starman2112@sh.itjust.works 9 points 10 months ago (1 children)

TurboTax

There's your problem. It should never cost money to file, unless you made over $12,000 and had no withholding. The IRS keeps a list of free tax filing services every year. I think last year I went with Free Tax USA or something. You should never pay to file your taxes unless you make a lot of money, or have a particularly complicated return with investments and income in multiple states and stuff.

[–] kttnpunk@lemmy.world 4 points 10 months ago

Gods bless you, I'll totally check that out thanks!

[–] Telcontar@lemmy.today 5 points 10 months ago

First thing would be to figure out if you're still under the limit. If you don't have to do them, don't do them.

If you are over the limit, there are plenty of free options out there to assist. I personally use free tax usa which works for me. It's great if your income just comes from normal sources like a job, it's not as great if you have investment income or things like that.

I think turbo tax has a free version as well if you meet some qualifications. It's a bit simpler to use imo, but Im not a fan of the company