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I am on work disability. Not SS. Noreportable work income. Sold house and moved. Took 401k. Do I need to file? Itemize or short?

 
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I am on work disability. Not SS. Noreportable work income. Sold house and moved. Took 401k. Do I need to file? Itemize or short?

To determine if you are required to file a 2017 return, please see 

Do I Need to File a Tax Return?  Use this IRS Interactive Tool To Find Out.

https://www.irs.gov/uac/do-i-need-to-file-a-tax-return

If you had medical expenses in 2017, paid mortgage interest, property taxes, charitable contributions, you may have enough deductions to itemize rather than take the Standard Deduction.

2017 Standard Deductions.

Single    $6350  (65 or older + $1550)

Married Filing Separately   $6350  (65 or older +  $1250)

Married Filing Jointly           $12,700  (65 or older + $1250@)

Head of Household $9350  (65 or older + $1550)


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2 Replies

I am on work disability. Not SS. Noreportable work income. Sold house and moved. Took 401k. Do I need to file? Itemize or short?

To determine if you are required to file a 2017 return, please see 

Do I Need to File a Tax Return?  Use this IRS Interactive Tool To Find Out.

https://www.irs.gov/uac/do-i-need-to-file-a-tax-return

If you had medical expenses in 2017, paid mortgage interest, property taxes, charitable contributions, you may have enough deductions to itemize rather than take the Standard Deduction.

2017 Standard Deductions.

Single    $6350  (65 or older + $1550)

Married Filing Separately   $6350  (65 or older +  $1250)

Married Filing Jointly           $12,700  (65 or older + $1250@)

Head of Household $9350  (65 or older + $1550)


I am on work disability. Not SS. Noreportable work income. Sold house and moved. Took 401k. Do I need to file? Itemize or short?

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