topic My only income this year is SS retirement and no other income . Do I still have to pay taxes on my SS which is around 33,000? Do NOT CALL, I'm Overseas. Respond here in Retirement tax questions

My only income this year is SS retirement and no other income . Do I still have to pay taxes on my SS which is around 33,000? Do NOT CALL, I'm Overseas. Respond here

btammami — Tue, 15 Dec 2020 13:59:15 GMT

I need a response here.

Re: My only income this year is SS retirement and no other income . Do I still have to pay taxes on my SS which is around 33,000? Do NOT CALL, I'm Overseas. Respond here

xmasbaby0 — Tue, 15 Dec 2020 14:05:56 GMT

If Social Security is your ONLY income you do not have to file a tax return. (And.....no one will EVER call you from the user forum).

Social Security benefits can become taxable IF you have enough other income from other sources to make it taxable.

https://ttlc.intuit.com/questions/1899144-is-my-social-security-income-taxable

https://www.irs.gov/help/ita/are-my-social-security-or-railroad-retirement-tier-i-benefits-taxable

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.

Re: My only income this year is SS retirement and no other income . Do I still have to pay taxes on my SS which is around 33,000? Do NOT CALL, I'm Overseas. Respond here

DoninGA — Tue, 15 Dec 2020 14:06:11 GMT

If the Social Security benefits are the Only income to be reported on the tax return, then there is no reason or need to file a tax return.

Up to 85% of Social Security Retirement/Disability/Survivors benefits becomes taxable when all your other income plus 1/2 your social security reaches:

Married Filing Jointly - $32,000
Single or Head of Household - $25,000
Married Filing Separately - 0