01 May Do I need to file taxes for years when I was in prison?
Photo: pixabay.comQ. Do I need to file taxes if I’ve been in prison for 2018 and 2019?
— Finally free
A. The short answer is yes.
Individuals who are in prison are still subject to all the IRS filing requirements, said Michael Maye, a certified financial planner and certified public accountant with MJM Financial in Gillette.
He said if the individual meets the IRS income filing thresholds, they are required to file an income tax return.
“For example, for 2018, for an individual filer, the filing threshold is $12,000, which is the standard deduction for a single person under the age of 65,” Maye said. “In 2019, the filing threshold for a single person was $12,200.”
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This story was originally published on May 1, 2020.
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