Retirement

Forum|Forum|3 years ago
November 10, 2022
3 replies
3 views

Is it possible to file income tax when Social Security is your only income?

DoninGA

Level 15

Is it possible to file if your only income is from Social Security benefits? Yes.

To e-file all you would need to do is add $1 of interest income along with the Social Security income, so the tax return can be e-filed.

However, if you have no income other than Social Security there is no need to file a 2022 tax return next year.

VolvoGirl

Level 15

Do they take any tax withholding out of your Social Security? If you only get SS you don't have to file a return except to get back any withholding taken out. Or if you are married and you file a Joint return or your spouse is filing a Married Filing Separate return.

Opus 17

Level 15

You can always file a tax return, although if your only income is SS, it is non-taxable and there is usually no benefit to filing a return.

To e-file, you must have at least $1 of taxable income. You can create $1 of taxable interest income. The IRS knows about this trick and it won't cause you any problems or to owe any tax. You can file a zero income return by mail if you like, although there is little reason to do so.