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As a retiree receiving only $890/month in social security with no other form of income, is it normal to owe nothing in taxes nor receive any refund?
I am retired and only made $11,000 in Social Security, with $1,300 of that going to medicare. I live with my son and do not own a home or pay rent (I sold my home 2 years ago.) After filling out all the information in Turbo Tax, it says I had the uncommon situation of not owing any taxes or receiving any tax refund both federal and state. I was worried that Turbo Tax said it is "uncommon for that to situation to happen." I just assumed it was because I received s little from Social Security (only $890/month.) Does it sound normal for a retiree getting $890/month in social security with no other form of income to owe nothing in taxes and get nothing refunded?
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‎June 1, 2019
8:04 AM