Can I Get Out of Filing a 2019 Tax Return?

Tax season is almost here once again, and there aren't that many people who are looking forward to the task of preparing a tax return. Even with tax law changes having made it simpler for some people to file a return, just the stress of gathering up documents and making sure that you do all your calculations correctly is enough to make many people start to panic.

For many, the thought of being able to get out of filing a tax return might sound too good to be true. Unfortunately, most people do in fact have to file returns or else pay large penalties. Yet there are some rules that allow taxpayers not to have to file a tax return if certain conditions apply. Even for those lucky few, however, choosing to take advantage of those provisions and skip filing a return can end up costing you money.

The key to the main rules governing whether you have to file is how much the tax laws allow you to earn without having to pay any tax. If your income is under that amount, then the IRS makes it easier on you by not requiring you to file a tax return if you don't want to -- unless certain other conditions apply.

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Source Fool.com