turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

shachey1954
Returning Member

do i need to file 2020 return

I'm retired and have no taxable income.. I did receive 1099-R IRA distribution. Do I need to file a return?

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

2 Replies
AnnetteB6
Employee Tax Expert

do i need to file 2020 return

Since you only mentioned the type of income you received and not the amount, take a look at the TurboTax article below to see the income filing requirements based on age and filing status.  If there were any Federal or state taxes withheld from your IRA distribution, then you do need to file a return to claim any refund of those withholdings.

 

Do I need to file a Federal return this year?

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
shachey1954
Returning Member

do i need to file 2020 return

Thanks for the response and Link.. Getting Closer??

Form 1099-R was $7K

Using Form 1040-SR  Line No. 11 Adjusted Gross Income is $ 7,056.00

I am 66 Years Old as of 12/31/2020 

So I am below the $14,050 requirement correct??

 

Filing StatusAge on December 31, 2020Must file if gross income is at least
SingleUnder 65$12,400
65 or over$14,050

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question