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My only income is Social Security. Do I have to file? My…

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My only income is...

My only income is Social Security. Do I have to file?

Accountant's Assistant: The Accountant will know how to help. Please tell me more, so we can help you best.

My income is $16, something minus my Medicare payments. Do I still have to file as I don't have anything to pay?

Submitted: 2 months ago.Category: Tax
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12/18/2017
Tax Professional: Tax.appeal.168, Tax Accountant replied 2 months ago
Tax.appeal.168
Tax.appeal.168, Tax Accountant
Category: Tax
Satisfied Customers: 4,221
Experience: 3+ decades of varied tax industry exp. Tax Biz owner
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Hello. Happy Holidays!! Thank you for choosing this Q&A service for assistance. My name is***** will be assisting you.

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Customer reply replied 2 months ago
Hi. Do you have an answer for me
Tax Professional: Tax.appeal.168, Tax Accountant replied 2 months ago

In brief, the answer is no, you do not have to file. However, if federal taxes are being withheld, you may want to file so that you can get a refund of the tax amount being withheld.

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Tax Professional: Tax.appeal.168, Tax Accountant replied 2 months ago

In closing, my goal is to provide you with the best experience possible! Hopefully, the service that I have provided has earned a 5-star rating! Please remember to rate my service by selecting the 5 stars at the top of the screen before you leave today. Thank you in advance. If you require further assistance, use the reply box and let me know.

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Customer reply replied 2 months ago
Thanks, ***** ***** out. Just wanted to know if I had to file.
Tax Professional: Tax.appeal.168, Tax Accountant replied 2 months ago

Then no, you are not required to file a return. When social security is the only income rec'd, it is not considered taxable income and does not require a tax return be filed.

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