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Should I file taxes if I nolonger have earned income only 1300 from a annuity?
between my wife and I we receive close too 20,000 dollars in social security plus 2000 dollars from annuity do I need too file?
June 1, 2019
12:33 AM
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Retirement tax questions
No, if you do not have taxable income you will not need to file. However, if your annuity is taxable or if that is $1,300 a month and not total for the year, then you may need to file.
You can enter all of your information into TurboTax and if it says you have zero tax due and zero income, click clear and start over which will delete all of your information.
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June 1, 2019
12:33 AM
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Retirement tax questions
I got 6 months at 206 dollars per month from my annuity plus 20,000 in combined social security I am starting too understand that I do not need to file correct?
June 1, 2019
12:33 AM
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Retirement tax questions
Correct.
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June 1, 2019
12:33 AM