Income tax filing

Spacy

Registered Users (C)
#1
I'm new here and not understanding the tax filing system. I'm now giving private lessons, so I'm taking cash money. Should I declare my income every month? If yes, where can I get the application and where should I send it?
Some people told me that even if you don't have any income, you should file 0 $. Is that true?
Thanks for your answers
 

eb5 green card

Registered Users (C)
#3
Yes, you need to file an annual 1040 return, even if you have no tax liability, you should still file it. The tax system can be very confusing, so if you can afford it I recommend using a professional tax preparer. They are not expensive for individual filers.
 
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