Retirement tax questions

Veterans benefits are not taxable and are not entered on a tax return.   If your only other income is Social Security then you do not need to file a tax return.   If you have any other income---from a job, retirement account, investment account, etc. you might need to file a tax return.

 

 

Who has to file?

http://www.irs.gov/uac/Do-I-Need-to-File-a-Tax-Return%3

 

 

 

You need to file a federal return if half your Social Security plus your other income is

 

Single or Head of Household      $25,000

Married Filing Jointly                  $32,000

Married Filing Separately            $0

 

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**