That means most independent contractors, freelancers, and business owners have to file Form 1040, even if they don’t meet the gross income thresholds shown above.įor more advice on who needs to file, check out Chart A, B, and C in the Instructions for Form 1040. However, if you have net earnings of at least $400 from self-employment, you must file a tax return. In general, you must file a Form 1040 if: Your filing status is. need to file Form 1040 no matter if they are self-employed, work for someone else as an employee, or live off income from investments.
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