social security questions?

3 ⤊

social security questions?

I am 72 receiving benefits from my deceased husband's social security. If I come into money do I have to report this income. I do not file taxes as this is my major income along with va benefits for a widow I do not work

2006-12-29 09:11:46 · 3 answers · asked by rottie lover 1 in Business & Finance ➔ Taxes ➔ United States

3 answers

It depends on how you come into the money. If you inherit it or it's a gift to you, no. If you win the lottery for a major prize, then yes you'd have to report it and might have to pay taxes depending on the amount.

2006-12-29 09:50:00 · answer #1 · answered by Judy 7 · 2⤊ 0⤋

That depends on where the money is coming from.

2006-12-29 09:16:50 · answer #2 · answered by jseah114 6 · 1⤊ 0⤋

think about where the money came from, than that should tell u wha to do.

2007-01-02 06:38:40 · answer #3 · answered by thedawg 1 · 0⤊ 0⤋