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

    Apr 10, 2007, 08:57 PM
    Full time student with Full time housewife
    Hi,
    Hope someone can help.
    I am going to professional school. My wife and I have three children and are living completely off student loans. We had no income in 2006 that had a W2 attached to it. That is, the only income we made was off eBay and odd end jobs throughout the year.
    Do I need to file taxes for 2006?
    Clough's Avatar
    Clough Posts: 26,677, Reputation: 1649
    Uber Member
    		  
    #2

    Apr 10, 2007, 09:33 PM
    The following site answers questions concerning federal tax returns.

    Do You Need to File a Federal Income Tax Return?

    If you made more than $400.00 from Ebay and the odd end jobs, then you will need to file a federal tax return.

    There are also other guidelines on the site above.
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #3

    Apr 19, 2007, 08:30 AM
    Agree, unless you are a F-1 visa holder. If so, then you are NOT liable for self-employment taxes and your threshold for filing is $3,300, not $400.
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