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Timothy0
Returning Member

Retirement

Do I need to file a tax return when I am retired?

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2 Replies

Retirement

Maybe.   You have not told us what kind of income you have.    If your ONLY income is Social Security then you do not have to file a tax return.    If you have other income in addition to Social Security you might need to file.

 

You need to file a federal return if half your Social Security plus your other income is $25,000 when filing single or head of household, or $32,000 when filing married filing jointly, $0 if you are filing married filing separately.

 

 

 

Who has to file?

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

**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.**
drc845443
Employee Tax Expert

Retirement

You are required to file an income tax return if your income is above the threshold for filing, even if you are retired.

 

The threshold for filing income tax returns are updated every year. You may find the link below informative:

https://turbotax.intuit.com/tax-tips/irs-tax-return/does-everyone-need-to-file-an-income-tax-return/...

 

The IRS provides a tool for determining whether you need to file depending on your specific circumstances. You can check your situation using this tool at the end of each year.

Here is the link to the tool:

https://www.irs.gov/help/ita/do-i-need-to-file-a-tax-return

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