for retirees over 65 years earning less than $18,000 on SSS do we have to file income tax?

Question

I am 65 years and my husband is 75 years depending on SSS income.

Answer 1

If you have no other income you would not have a filing requirement.

If you have other income and 1/2 of your SS and the total of any other income totals more than 32,000.00 you would have a requirement to file and a portion of the SS could be taxable

Publication 915

Answer 2

This totally depends on your other income. The way it works is, they look at your retirement (say, from an IRA or pension plan) any interest income you may have had, and other income amounts... then calculate what portion of the Social Security may be taxable, based on what other income you had.

If all the income you had was Social Security, with no interest or anything else, you don't need to file a tax return. Your personal exemptions will be $6600 and your standard deduction will be $12,300 because of your ages and filing status of Married Filing Jointly... which, when added together equals $18,900.. so these figures will zero out the SS income.

Answer 3

How much, if any, of your social security benefits are taxable depends on your total income and marital status. Generally, if social security benefits were your only income, your benefits are not taxable and you probably do not need to file a federal income tax return

Answer 4

If you don't have income other than social security, you don't have to file and don't owe any income tax..

This year though, if you don't file, be sure to track down a form 1040EZ-T to claim the telephone excise tax refund. You can download one at irs.gov or pick up a copy at your local library

Answer 5

You have got good answers by previous members and I am not going to repeat their answers... However, if you opted for voluntary federal income tax withholding (and many people do) in order for you to get your refund you must file and income tax return... That's all I wanted to ad.

Answer 6

If your only income is Social Security, it is not taxable. If you have other income, part of your Social Security and the other income may be taxable.