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Some states tax social security, and some states don’t Save 10% on turbotax easy online tax filing! Each state has different filing requirements and income thresholds for filing tax returns
If social security is your only source of income, you probably don't need to file a tax return Understanding social security taxation social security benefits are typically not taxed if they constitute the only source of income The irs generally doesn't require you to file if your total income falls below certain thresholds.
Top frequently asked questions for social security income i retired last year and started receiving social security payments
Do i have to pay taxes on my social security benefits Are social security survivor benefits for children considered taxable income I received social security benefits this year that were back benefits for prior years. If your only income is social security benefits, and you get less than $25,000 in benefits, then you do not have to pay taxes on your benefits
If you do not have any other source of income, then you would not need to file a tax return Let’s say, though, that your main source of income is social security benefits of $10,000. The answer depends on your total income and filing status For most people receiving only social security benefits, you don't need to file a tax return
Here's how to know for sure
If you're single and your total social security benefits for the year were less than $25,000, you generally don't need to file If you're married filing jointly, that threshold increases to $32,000 of combined.
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