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Old 12-07-2018, 12:38 PM
 
875 posts, read 544,574 times
Reputation: 139

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Quote:
Originally Posted by MI-Roger View Post
So the income is monthly? I read it as total annual income.


$1,000/month is low for SS benefits but believable.
The income refers to SSI and Social Security retirement, not other income source, I mean the total of monthly SSI and SS retirement is less than $1000 for both persons.
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Old 12-07-2018, 12:47 PM
 
Location: Kenmore, WA
7,451 posts, read 6,445,238 times
Reputation: 10797
Quote:
Originally Posted by GlebeH View Post
My parents (dad: 66 years, on SS retirement & SSI; Mom: on SS retirement) both applied for retirement recently, their total income is less than $1000, are they required to file tax return?

First of all, is it still for low income senior to file tax return?
  • If yes, does SSA provide some kind of annual document (something like W2) for seniors to file tax return?
  • If no, does it still hurt to file tax return?

Thanks.
From H&R Block, re: 2019:
The minimum income amount depends on your filing status and age. In 2017, for example, the minimum for single filing status if under age 65 is $10,400. If your income is below that threshold, you generally do not need to file a federal tax return. Review the full list below for other filing statuses and ages.

How much do you have to make to file taxes

Single filing status:
$10,400 if under age 65
$11,950 if age 65 or older
Married filing jointly:
$20,800 if both spouses under age 65
$22,050 if one spouse under age 65 and one age 65 or older
$23,300 if both spouses age 65 or older
Married filing separately ó $4,050 for all ages
Head of household:
$13,400 if under age 65
$14,950 if age 65 or older
Qualifying widow(er) with dependent child:
$16,750 if under age 65
$18,000 if age 65 or older
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Old 12-07-2018, 03:32 PM
 
Location: 5,400 feet
2,573 posts, read 2,550,232 times
Reputation: 3596
Quote:
Originally Posted by LookinForMayberry View Post
From H&R Block, re: 2019:
The minimum income amount depends on your filing status and age. In 2017, for example, the minimum for single filing status if under age 65 is $10,400. If your income is below that threshold, you generally do not need to file a federal tax return. Review the full list below for other filing statuses and ages.

How much do you have to make to file taxes

Single filing status:
$10,400 if under age 65
$11,950 if age 65 or older
Married filing jointly:
$20,800 if both spouses under age 65
$22,050 if one spouse under age 65 and one age 65 or older
$23,300 if both spouses age 65 or older
Married filing separately ó $4,050 for all ages
Head of household:
$13,400 if under age 65
$14,950 if age 65 or older
Qualifying widow(er) with dependent child:
$16,750 if under age 65
$18,000 if age 65 or older
Those are outdated numbers. In 2019, the standard deduction is $12,200 single, $24,400 married, plus $1,300 for each over 65.

Those are ostensibly the minimum income (AGI) filing levels, although some may have higher gross income limits if they have deductions to gross prior to determining AGI.
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Old 12-07-2018, 03:48 PM
 
18,719 posts, read 13,492,794 times
Reputation: 14107
Quote:
Originally Posted by Petunia 100 View Post
It doesn't hurt anything to file the return anyway (if not required); but there is also no advantage.
The advantage is filing a return before a scammer files one for you. Itís also a benefit to filing early as opposed to waiting until the last minute
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Old 12-07-2018, 06:47 PM
 
8,684 posts, read 5,056,652 times
Reputation: 9801
Quote:
Originally Posted by Lowexpectations View Post
The advantage is filing a return before a scammer files one for you. Itís also a benefit to filing early as opposed to waiting until the last minute
Yes, you are right. That is an advantage.
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Old 12-07-2018, 06:53 PM
 
8,684 posts, read 5,056,652 times
Reputation: 9801
At 12k per year annual income, SS benefits are not taxable. This couple will have $0 taxable income.

OP, it is very late in the year. They may need to file for 2018. And if there has been any withholding, they should file even if income has been low enough filing is not required.
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Old 12-09-2018, 08:56 PM
 
875 posts, read 544,574 times
Reputation: 139
Then is it okay to file state tax return only (without filing federal tax return)?
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Old 12-09-2018, 10:56 PM
 
Location: SoCal
12,976 posts, read 6,190,591 times
Reputation: 9537
Quote:
Originally Posted by Parnassia View Post
That would require the IRS to believe the filer's claim that their only income was SS. Sure they can check the SS distribution for themselves, but I can see potential for an audit if they had incomes high enough to pay income tax in previous years and now in this year they don't.
They donít have time. Donít kid yourself about the IRS have time for auditing. I have filed 1040x return twice and they lost it both time. They never even had it in their system.
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Old 12-10-2018, 01:59 AM
 
70,830 posts, read 71,189,712 times
Reputation: 48428
low income people should file a tax return . there are many low income benefits that may be available and income based liked housing , utility discounts , etc . you need a tax return to document income .

you can't even get in a new york city housing project without tax returns documenting income
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Old 12-10-2018, 11:02 PM
 
694 posts, read 515,253 times
Reputation: 761
Quote:
Originally Posted by GlebeH View Post
Then is it okay to file state tax return only (without filing federal tax return)?
Yes. most aarp tax aide site they will electronically file it for free.
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