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Get your taxes done using TurboTax
IRAs and pensions are normally taxable, so what counts is their taxable income (line 15) after the standard deduction and other adjustments. If taxable income is zero, a tax return generally doesn't need to be filed, unless they have an odd situation like they are spreading out the tax on a disaster distribution over 3 years, or they owe repayment of the first time homebuyer credit, or something equally off beat.
‎August 25, 2023
12:39 PM