turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

arbef
New Member

Do I need to file a return if I am 90 years old, social security is about $10,500, interest and dividends are about $4500? No other income.

 
1 Reply
KrisD
Intuit Alumni

Do I need to file a return if I am 90 years old, social security is about $10,500, interest and dividends are about $4500? No other income.

Not if you are filing Single.

FILING REQUIREMENTS FOR TAXPAYERS:

Single

under 65 $10,350

65 or older $11,900

Head of Household

under 65 $13,350

65 or older $14,900

Married, Filing Jointly***

under 65 (both spouses) $20,700

65 or older (one spouse) $21,950

65 or older (both spouses) $23,200

Married, Filing Separately

any age $4,050

Qualifying Widow(er) with dependent child

under 65 $16,650

65 or older $17,900 *

"Gross income means all income you receive in the form of money, goods, property, and services that isn't exempt from tax, including any income from sources outside the United States or from the sale of your main home (even if you can exclude part or all of it). Don't include any social security benefits unless (a) you're married filing a separate return and you lived with your spouse at any time during 2016 or (b) one­half of your social security benefits plus your other gross income and any tax­exempt interest is more than $25,000 ($32,000 if married filing jointly). If (a) or (b) applies, see the Form 1040 instructions to figure the taxable part of social security benefits you must include in gross income. Gross income includes gains, but not losses, reported on Form 8949 or Schedule D."

CLICK HERE for IRS Pub 501 Exemptions, Standard Deduction, Filing Information




message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
message box icon

Ready to start your taxes?

Hand off your taxes, get expert help, or do it yourself.

See Pricing
Manage cookies
v