I have a friend who is in her 60s and she says that she dont pay taxes because she only gets a check since her husband died and she dont get enough to file can that be so
2007-10-18 19:26:08 · 9 answers · asked by maggie 4 in Business & Finance ➔ Taxes ➔ United States
It is quite likely if she is only getting Social Security retirement income.
2007-10-18 19:32:37 · answer #1 · answered by DaveNCUSA 7 · 0⤊ 1⤋
She won't have to file if her income is less than $8000. However, she might should file, because she can possibly get a refund. If the income is over $8000, she will need to file. If the income is over a certain amount(call the irs for this amount) she will pay a small amount of taxes.
2007-10-18 19:36:26 · answer #2 · answered by Rosee 3 · 0⤊ 1⤋
It's very possible. If her only income is social security, then she wouldn't pay taxes. Or if she gets a pension but it's under $8750 if she's under 65, a little more if she's 65 or over, she doesn't have to file or pay taxes.
2007-10-19 03:52:31 · answer #3 · answered by Judy 7 · 0⤊ 0⤋
That's possible. Check page 12 of the instructions for filing taxes. http://www.irs.gov/pub/irs-pdf/i1040.pdf
If her filing status is Qualifying Widow and her income is less than $13,600, then she does not have to file. However, if she had taxes taken out of her income, she probably SHOULD file so that she can get a refund.
2007-10-18 19:36:25 · answer #4 · answered by equal_opposites 5 · 0⤊ 1⤋
She is most likely getting Social Security income and benefits: they are not taxable. If she also has a job, and owns a house, her job income is taxable, but it may be canceled out by deductions such as mortgage interest, property taxes, etc.
2007-10-18 19:34:26 · answer #5 · answered by 2307Connie 2 · 0⤊ 1⤋
IRS introduced that the 2012 annual gifting exclusion quantity will proceed to be at $13,000 in keeping with present to a non-better half. because of the fact the quantity is under 13,000, you and the receiver "do no longer" could report the loss/ earnings on form 709.
2016-10-04 03:39:24 · answer #6 · answered by alarid 4 · 0⤊ 0⤋
yes. If you only income is Social Security, then her income may be too low to require her to file.
2007-10-18 23:46:04 · answer #7 · answered by extra_37 4 · 0⤊ 0⤋
If she doesn't make more than $8,000 per year she does not need to file taxes.
2007-10-18 19:29:25 · answer #8 · answered by I Speak the Truth 5 · 1⤊ 1⤋
depends, she retired? If so, then its covered rite there.
2007-10-18 19:30:03 · answer #9 · answered by ? 4 · 0⤊ 1⤋