Skip to main content
Level 1
September 28, 2022
Question

On Ss and filing taxes

  • September 28, 2022
  • 1 reply
  • 0 views

I file my mom‘s taxes every year through TurboTax and this year is the first year she no longer has a mortgage.  Her only income is Social Security and her 401(k) do I still have to file taxes for her? She also has no other wright offs. 

    1 reply

    Laura_CPA
    Level 6
    September 28, 2022

    Hi Debbie1dog2,

     

    Happy to assist! Hope you and your mom are well. Since your mom has social security benefits and other source income, 401(k) she might have a filing requirement.  Please see below table for threshold amount for filing requirements. 

    Single Under 65 $12,550
    65 or older

    $14,250

    Hope this helps you and please let us know if you have any further questions. 

    Laura 

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