Ask Experts Questions for FREE Help !
Ask
    chnagaraviteja's Avatar
    chnagaraviteja Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Sep 10, 2008, 08:29 PM
    How to file returns for partial year income
    Hi,

    I recently joined in a job. So, I have only 4 months income in previous year. I want to file returns for that amount. Is it possible.


    Thanks
    Teja
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #2

    Sep 11, 2008, 10:45 AM
    Teja:

    Yes. It IS possible.

    In fact, it is required if your 4-month income is MORE than $3,500 (the amount of your personal exemption).
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Do L2 visa holders with EAD but no income need to file fed tax returns? [ 1 Answers ]

I am an indian and I am spouse of a Non resident Alien Status person. My status is that I received an Employment Authorization (EAD) in Year 2007, have a SSN and I am L2 Visa status but did not have any income. I stayed in US for less than 183 days and never been to US earlier. Do I need...

Why am I paying NY tax on income earned partial year in PA while living in PA? [ 1 Answers ]

Help, I lived in PA for 2007 and remain a resident in 2008. I worked partial year in PA and worked remaining of the year in NY. While in NY, NY taxes were taken on income earned. Turbo tax showed that NY taxes are calculated on federal income. Why? I am paying taxes on both in PA because I am...

Can you file joint Federal returns and separate State Tax Returns [ 1 Answers ]

We lived in different cities so can we file joint federal returns and separate state returns??

Last year 2006 my income was zero, do I need to file for tax [ 6 Answers ]

Hi, I arrived in US on H1B Oct 1st, 2006 and had zero income till the end of the year dec 2006. From jan I started earning. Now do I need to file for return even my earnings were nil. Please advise.

Partial income statement [ 1 Answers ]

I have a quick question: When preparing a partial income statement for the given company showing the calculation of net sales and cost of goods sold, do all of the following go into it? Inventory 2,841,300 Purchase discounts 376,800 Purchase Returns and allowances 1,322,000 Purchases ...

View more questions Search