If yoy only receive social security benefits do still have to file a tax return or should you wait?

social security issues : I filed for a return for 2006 because I worked part of the year. Can I still get a refund if only on social security in 2007?

The answer about: If yoy only receive social security benefits do still have to file a tax return or should you wait?

Answer by ufo
No,sorry only earned income

Answer by bostonianinmo
If Social Security is your only income it is not taxable. Since it’s not taxable there is no need to file. Unless you had income taxes withheld from your Social Security payments, there’s nothing to be refunded and no need to file.

Answer by Serge M
You have to file a tax return if your annual income is above a threshold specified by law for your situation. In some cases a portion of Social Security benefits may be subject to tax. It depends on the total income you have. If Social Security is your only income, you may not be subject to any income tax. Fill out the tax return and it will tell you if you owe anything.

Be Sociable, Share!

•