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Deb948
New Member

Should I file if I only have one W2 plus Soial Security benefit statement?

I am retired. I got a W2 for part time work I did.
Also have Secial Security benefit statement. Is it worth it to file?
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4 Replies

Should I file if I only have one W2 plus Soial Security benefit statement?

Was tax withheld from your pay from the part time job?  Is there anything in box 2 or box 17 of your W-2?  If so, file to seek a refund.  You do not say how much you earned so we are in the dark as to whether you need to file.  We do not know your filing status either.

 

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.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

Should I file if I only have one W2 plus Soial Security benefit statement?

If you have taxes withheld from your wages you should file a tax return to get a refund of the taxes withheld.

 

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

Should I file if I only have one W2 plus Soial Security benefit statement?

Without knowing more, you should at least prepare a return.  You may be entitled to a refund of withholding, or you may owe tax, depending on your filing situation and your wages.   If it turns out you get a small refund and you don't want to bother claiming it, or you break even (you owe nothing and the government owes you nothing) then you may not be required to actually file the return.  But the best way to actually find out is to at least prepare a return.   Using Turbotax online, preparation is free, and you only need to pay when you actually file (and many people qualify for free filing).  

ocso359
New Member

Should I file if I only have one W2 plus Soial Security benefit statement?

The IRS also has free online tax software, where a simple return such as yours can be filled out. It's very likely that any withholding from your W-2 will be refunded.

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