Why TurboTax charges so much for a RETIREE filing taxes ONLINE when retiree has ZERO payment and also ZERO receiving (BOTH Federal and State) with ZERO income (except SS)?
If your ONLY income is Social Security you are not required to file a tax return.
Here is a great resource for further details: https://turbotax.intuit.com/tax-tips/irs-tax-return/does-everyone-need-to-file-an-income-tax-return/...
I would love a thumbs up 🙂 + Mark the post that answers your question by clicking on "Mark as Best Answer"
If your only income is social security, you may not even have a filing requirement.
Here is a basic guide from the IRS to see if your social security benefits are taxable:
You may have selected extra benefits offered by TurboTax that caused an additional charge. Here is the guide to options to remove those additional benefits:
Additionally the IRS offers a freefile website that may be beneficial to you:
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
***Mark the post that answers your question by clicking on the "Mark as Best Answer"
@subhra_roy We cannot tell what version of TurboTax you are using. As stated, if your only income is Social Security you do not even need to file a tax return, so you could just abandon the account and forget about filing.
But if you use TurboTax and you file a tax return, you will be charged for the version of the software you use. regardless of whether you owe or are getting a refund. Your TurboTax fees are not based on whether you are getting a refund; your fees are based on the software you actually USE. It sounds like you are trying to use a paid version of the software----unnecessarily.
If you have not paid, then just clear the return, or abandon the TT account and pay nothing. You do not need to file a tax return if your only income was Social Security.
Still have questions?Make a post