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    DELKIM's Avatar
    DELKIM Posts: 1, Reputation: 1
    New Member
     
    #1

    Apr 14, 2009, 12:13 PM
    Filing with no income
    What do I do if I had a substantial income in 2007 and no income in 2008. I did not apply for unemployment. I lived off my savings. I have a mortgage with interest to deduct etc.
    MukatA's Avatar
    MukatA Posts: 7,110, Reputation: 176
    Tax Expert
     
    #2

    Apr 14, 2009, 11:42 PM

    You must file tax return if your income exceeds the filing requirement.
    Read Your U.S. Tax Return: 2008 Filing Requirements for Most Taxpayers

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