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tenamsmith
Returning Member

Should i file form ssa 1099 social security statement do i file this and will i have to pay

 
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Accepted Solutions
MarilynG1
Expert Alumni

Should i file form ssa 1099 social security statement do i file this and will i have to pay

If your SSA-1099 is the only income you have, you don't need to file a tax return.

 

This income is not taxable unless you have other income over a certain amount.

 

It also is not considered 'earned income' to qualify for any tax credits.

 

Click this link for more info on Taxable Social Security Income. 

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**Mark the post that answers your question by clicking on "Mark as Best Answer"

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1 Reply
MarilynG1
Expert Alumni

Should i file form ssa 1099 social security statement do i file this and will i have to pay

If your SSA-1099 is the only income you have, you don't need to file a tax return.

 

This income is not taxable unless you have other income over a certain amount.

 

It also is not considered 'earned income' to qualify for any tax credits.

 

Click this link for more info on Taxable Social Security Income. 

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

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