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ratth
New Member

Should I file for 2018 since I collected rent for 6mths ?

I am retired and collect 25000.00 in Social Security payment annually. I also collected rent for my home for 6mths. Do I need to file taxes for 2018?
1 Reply
Coleen3
Intuit Alumni

Should I file for 2018 since I collected rent for 6mths ?

Maybe. There is a filing requirement. If between the amount you collected in rent and one half of your social security, you have more income, then yes, you will have to file.

Single 

  • Under 65 $12,000
  • 65 or older $13,600

Married filing jointly

  • Under 65 (both spouses) $24,000
  •  65 or older (one spouse) $25,300
  •  65 or older (both spouses) $26,600

Married filing separately

  • Any age $5

Head of household 

  • Under 65 $18,000
  •  65 or older $19,600

Qualifying widow(er) with dependent child

  • Under 65 $24,000
  •  65 or older $25,300

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