How to file TX taxes for the first time?
The state of your residence, whether it is Texas or elsewhere, has nothing to do with filing federal income tax. You file a federal income tax return based on your income from all sources, whether the account is in Texas, New York or elsewhere. However, if your only income is from dividends and interest, and you can be claimed as a dependent, you are not required to file if that income is $850 or less.