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jaywave

Do I owe any taxes for my 2022 tax return?

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I need to do a 1040x because I didn't add my 1099-INT interest that I earned my bank. I earned less than $100.

 

While I'm redoing my taxes, I realized that I don't owe any taxes. I used different tax softwares such as taxslayer, turbotax, and even the free one that IRS provides (freefileableforums). I wanted to triple check that I don't own any taxes before the tax deadline.

 

I lived and worked abroad for the rest (365 days) of 2022. I filed a 1040, Schedule 1, and Form 2555. I also filed MFS.

 

For 1040, Line 1, I put $43,000 and I took the standard deduction of $12,550. Also, line 8 for my 1040 is -$43,000 because of Schedule 1.

 

My question, is taxsalyer, turbotax, and freefileableforums correct that I don't owe any taxes to the IRS?

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22 minutes ago, jaywave said:

Thank you. But is there a reason why I don't owe any taxes even thought I earned this interest with a US bank account?

 

Also, does anyone have a good/logical opinion if it's worth filing a 1040x even though I don't owe any taxes?

If you look at the 1099-INT you’ll see you HAVE paid tax on the interest you earned. 
If you read the documentation that accompanies the 1099-INT you’ll see you should report your taxes accurately and add all income. 
I believe you don’t pay tax if you make under a certain amount. You only made $100 last year (because foreign income is excluded). 
I would submit the 1040X  because you want your taxes to be in order while you go through this immigration process. 

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