2015 below min-income, still need to file to rollover 1040d losses?

[DannoXYZ]

So in 2015, my wife and I didn't work and our combined income was less than the $20,600 minimum to require filing taxes. However, I still have many $3000 chunks to rollover on my 1040d from losses couple years ago.

1. Do I need to file 2015 taxes to rollover the $3000 1040d losses to 2016?
2. If not, would I be able to rollover $6000 for 2016 taxes? probably not...

Thanks.

 

[OptionGuru]

I would always submit the tax forms Every Year even if you don't have to. The reason is to have up-to-date proof that you do not owe the government any taxes.

As far as rolling over any losses to another year you probably have lots of leeway how you handle it since it's a relatively small amount.

 

[DannoXYZ]

Ok, I'll just fill it out and plug in the basic numbers. Thanks.

 

[stevegee58]

With all those big losses have you considered going back to work?

 

[ETcallhome]

Ok, I'll just fill it out and plug in the basic numbers. Thanks.

yeah, always file. You never know when somebody will need some kind of record of what you have been doing.

 

[DannoXYZ]

With all those big losses have you considered going back to work?

Heh, heh... we're set for a while without working or trading.