https://ttlc.intuit.com/community/retirement/discussion/re-1099-int/01/1256928#M92222 <P>He may still be required to file a federal tax return even though Texas does not have a personal income tax. If he is single, he will be required to file a tax return if his taxable income is more than $12,400. Taxable income includes IRA and 401(k) withdrawals but does not include basic social security. &nbsp;If he files a tax return, he must report all of his taxable income.</P> <P>&nbsp;</P> <P>If this interest statement is his only income other than Social Security, he would not be required to file a return.</P> Mon, 02 Mar 2020 16:23:02 GMT Opus 17 2020-03-02T16:23:02Z https://ttlc.intuit.com/community/retirement/discussion/1099-int/01/1256879#M92216 <P>My grandpa lives in Texas and has been retired for a few years now so he does not file anymore. He has a personal savings account that he has had for many years now but this is the first year that he receives a form 1099-INT and on box 1 it has $33.74. Does he now have to file or does he need to do anything with this form?</P> Mon, 02 Mar 2020 16:13:04 GMT https://ttlc.intuit.com/community/retirement/discussion/1099-int/01/1256879#M92216 ZM_RR23 2020-03-02T16:13:04Z https://ttlc.intuit.com/community/retirement/discussion/re-1099-int/01/1256928#M92222 <P>He may still be required to file a federal tax return even though Texas does not have a personal income tax. If he is single, he will be required to file a tax return if his taxable income is more than $12,400. Taxable income includes IRA and 401(k) withdrawals but does not include basic social security. &nbsp;If he files a tax return, he must report all of his taxable income.</P> <P>&nbsp;</P> <P>If this interest statement is his only income other than Social Security, he would not be required to file a return.</P> Mon, 02 Mar 2020 16:23:02 GMT https://ttlc.intuit.com/community/retirement/discussion/re-1099-int/01/1256928#M92222 Opus 17 2020-03-02T16:23:02Z