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mfperez21
New Member

My parents are retired and both under the age of 65, but their sole income is my dad's social security. Do they need to file taxes?

 
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rjs
Level 15
Level 15

My parents are retired and both under the age of 65, but their sole income is my dad's social security. Do they need to file taxes?

If Social Security is their only income for the entire year, and they did not receive an advance premium tax credit for health insurance from the Marketplace (Obamacare), they are not required to file a tax return.

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1 Reply
rjs
Level 15
Level 15

My parents are retired and both under the age of 65, but their sole income is my dad's social security. Do they need to file taxes?

If Social Security is their only income for the entire year, and they did not receive an advance premium tax credit for health insurance from the Marketplace (Obamacare), they are not required to file a tax return.

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