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no they are considered to be an senior citizens

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Q: Does a 70-year-old pay taxes on income earned?
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Related questions

Do you have to pay taxes in the US on income earned outside the US?

Yes


Do you have to pay taxes on earned interest?

Yes, interest income is taxable.


Do i have to pay taxes for doing private clients hair?

Yes. You must pay income tax on all earned income.


Do seniors have to pay taxes on earned income at age eighty two years old?

no


Do immigrants pay the same amount of taxes as Americans?

Taxes on income earned in the US is the same for all wage earners.


Do you pay taxes on executor fees if you are also an heir?

You will pay income taxes on all income, including fees your earned. You would not pay inheritance tax on that amount. It would be a good idea to consult a probate attorney in your state.


What businesses pay this tax on profits earned?

All business operations pay taxes of all kinds plus income taxes on the net profit from the business operation.


Do you pay Social Security taxes on a settlement check?

No. FICA taxes (Social Security, Medicare, etc) are only paid on earned income.


Does an individual pay FICA taxes on Social Security income?

No. You only pay FICA taxes on earned income (wages, salary); paying on Social Security benefits would amount to paying the same tax twice.


Does a teenager have to pay taxes on money that they make while babysitting?

Technically, yes. All income earned must have federal income taxes paid. State income taxes may also be owed. Fortunately, a minor's income tax rate is usually 15%.


Which countries don't pay income taxes?

Monaco doesn't pay income taxes


If Still working at 65 do you still pay fica taxes?

Sure you do still pay your share of the FICA (social security and medicare) (OASDI) taxes on your earned income as long as you are providing your services to earn the income and are still breathing.