2007-04-07 06:49:41 · 17 answers · asked by raflog2003 1 in Business & Finance ➔ Taxes ➔ United States
As long as you have income, you must file forever and a year, literally. Your heirs will have to file a return on your estate the year after you die.
2007-04-07 06:56:06 · answer #1 · answered by ~RedBird~ 7 · 0⤊ 0⤋
Actually, none of the above answers is completely accurate. Even after the year you die, until your estate is settled, tax returns are still required. If it take more than a year to settle your estate, returns are still filed though the year in which the FINAL settlement is made. If your income is below the threshold set by the IRS each year, you are not required to file for that year. Everyone is correct that AGE is not a factor.
2007-04-07 07:48:35 · answer #2 · answered by STEVEN F 7 · 0⤊ 0⤋
It has nothing to do with age, but depends on your income. A single person age 65 or over must file with income over $9700 not counting social security - a married couple, both 65 or over, filing a joint return, must file if they had income for the year over $18,900.
2007-04-10 02:23:04 · answer #3 · answered by Judy 7 · 0⤊ 0⤋
Until you die and then someone else has to file for that year.
As long as you make over the minimum income required for filing tax returns, you must file no matter how old you are.
2007-04-07 06:55:22 · answer #4 · answered by ? 7 · 1⤊ 0⤋
I dont's think it's age; but when you start working and making an income and when you make a certain amount of monies in a year then you would have to file an income tax.
here are the but/s:
of course, if you are under age and make your monies in cash that's different or if you are of age: (ie: 18+) and make your monies in cash, this is also different. the IRS cannot
track or trace CASH!...
but, If you work for a reputable employer and they will give a W2 then you certainly would have to file.
2007-04-07 06:57:56 · answer #5 · answered by JD 2 · 0⤊ 1⤋
as long as you're working, you must always submit your IRS forms. even people long after retirement, submit their 1099's and can have a percentage deducted of their retirement benefits.
2007-04-07 06:52:52 · answer #6 · answered by Poe L 1 · 0⤊ 0⤋
As long as you have enough income to be taxable you must sumit your IRS return as long as you are alive.
2007-04-07 08:09:01 · answer #7 · answered by Anonymous · 0⤊ 0⤋
As long as you have income (any type of income) above the level that requires you to file.
2007-04-07 06:52:54 · answer #8 · answered by Still reading 6 · 0⤊ 0⤋
109
2007-04-07 06:52:00 · answer #9 · answered by Anonymous · 0⤊ 2⤋
Until you die, and then someone even has to file for you the year after.
2007-04-07 06:52:19 · answer #10 · answered by Anonymous · 1⤊ 0⤋