Can you receive social security if you owe back taxes?
2 people found this useful
2009 cn't be filed until the year is over, and before April 15 2010
Yes, if you meet the proper eligibility requirements. The IRS can garnish up to 15% of your Social Security check unless you work out an alternate repayment plan or are cat…egorized as "uncollectible" due to income and expenses. If your Social Security benefits are in a bank account that has funds from other sources, the IRS may levy the account and take a larger amount. It would be in your best interest to contact the IRS to discuss your options.
Receiving Social Security benefits does not by itself mean you can't be a dependent. But you must meet all of the requirements to be a dependent. SS benefits count as gross… income to the extent they must be reported as taxable income on the dependent's tax return. Even if they are not taxable, they count as support if the dependent uses them to support him/herself. See page 11 of Publication 501: http://www.irs.gov/pub/irs-pdf/p501.pdf
Answer Hi, Whether or not you are over 65 you have to file a tax return if your income exceeds the total of your standard deduction and your personal exemption. Assuming… you are single and over 65 for 2007 your standard deduction is $6,650 and your personal exemption is $3,400 or a total of $10,500. If your income other than social security exceeds that amount, you are required to file a tax return. Up to 85% of social security benefits can be taxable depending upon the amount of your other income. If you are single and the total of half of your social security plus all your other income exceeds $25,000, some of your social security is taxable. Let me know if you have any questions. Regards, Carole. http://en.allexperts.com/q/Tax-Law-Questions-932/Social-Security-Filing-Taxes.htm
Owing back taxes is a government loan.. Whether or not you can receive another without paying of this one dpends on the loan program you apply for.
Yes. If you owe the federal government money, the Department of the Treasury can withhold your income tax refund to satisfy the debt.
Generally, the IRS can garnish up to 15% of your monthly Social Security benefits for back taxes; however, if this is your only source of income, and/or if the garnishment wou…ld cause you undue financial hardship, the government may classify your account as "noncollectable" and forgo taking action against you. It would be in your best interest to consult a tax attorney for further advice.
You only have to pay tax on your Social Security income if your total taxable income is $25,000 or more for a single taxpayer, or $32,000 or more for a couple filing jointly. …If your total income is below that amount, then you do not have to pay tax on your Social Security benefits.
Generally, the IRS can garnish up to 15% of your monthly benefit check for repayment of back taxes, unless you make other payment arrangements with them. Since your past due t…axes are from so long ago, you may or may not still be liable for them. It would be wise to consult a tax attorney before proceeding.
If a person owes the the state of wisconsin dept. of revenue back taxes of $13,000. or more can they levy social security and penison monies?
i am disabilitly ssdi , can i get a tax refund? yes or no
I am an 85 yr old woman, retired missionary, with 2 dependents children ages 13 and 15. I made 3000 this year from a rent house. l drew 6000 retirement pay and 8000 social sec…urity. without any other deductions, although I have deductions., How much tax including Socila security tax should I have to pay
Only if the person works and has paid into Social Security.
Actually, yes. Unlike some pension systems, SSA actually asks what percent of benefit you wish to have withdrawn for taxes. Thus, if you have more taken out than you will owe… in taxes (that is, your marginal tax rate,) you will get a refund when you file your taxes.
are taxes taken out of socisl security checksbefore recievingthem