Do I have to file taxes if receiving Social Security and an IRA Distribution?

[HDron]

My SS benefits for 2021 came out for a total of 11,800. I withdrew 14,000 from a traditional IRA account as well. My tax filing status is married filing jointly with my wife still under the age 65. My question is if our AGI is below the filing threshold of 26,450, do I still need to file a return because of the IRA distribution?

[Vanessa A]

Was this an early withdraw?  If so, then yes, you still need to file as you would be subject to a 10% penalty.  If not, then no, you do not have to file if your combined AGI is less than the standard deduction.

Did they withhold taxes from your distribution?  If so, then you may want to file to get a refund of the taxes withheld. 

[SweetieJean]

State tax filing requirements may be different than Federal.

[HDron]

This was not an early withdrawal and there was no tax withheld. 

[RaifH]

No, if those were your only sources of income and no federal taxes were withheld, you would not be required to file a federal return. Some government agencies or banks may request a federal tax return in order to qualify for benefits or loans, but you would not be required to based on your gross income. Your state requirement may vary, but it is unlikely you would have a state filing requirement either.