0
Want this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
You have reached age 72 do you still have to file a federal tax return?
There is no special exemption for reaching age 72. If you have sufficient income or owe taxes, then you have to file just like anyone else.
Do you have to pay income tax on money earned while working after age 72?
Sure and you already know that you will have to do this. Age is NOT one of the requirements of when a person MUST FILE A INCOME TAX RETURN. When you have the amount of taxable income for your filing status to meet the MUST FILE A INCOME TAX RETURN you can be any age as long as you are still breathing you will be required to file your 1040 income tax return correctly and pay the amount of income TAX that may be due on all of your gross taxable worldwide income.
What is the penalty for late filing of returns under tn vat act?
Under Section 72(1)(b) of the Tamil Nadu Value Added Tax Act 2006, the maximum penalty levied will be Rs. 2,000.00. HARSHAVARTHAN
The reason a user account was locked out will be investigated within and the documentation of the reason will be kept for?
72 12months
What taxes get back?
You will know NOT know the correct amounts until you complete your 1040 federal income tax return correctly. Your filing status, your age and how you made all of your gross worldwide income amount and if you had any sources of earned income (pay that you worked for) that has to reported on your 1040 income tax return and all of your other information that is required to entered correctly on each line of your 1040 income tax return will all be a part of the necessary information that you know and will have enter on your income tax return correctly to arrive at the correct answer of how much you might possible get back as a REFUND AMOUNT after your income tax return is completely correctly. If it is qualifying earned income and you are not a dependent on another taxpayer's income tax you return. IF you meet the qualifications for the earned income tax credit and the making work pay tax credit for the tax year 2009 you WILL NOT KNOW the amounts until you have completed your 1040 federal income tax return correctly. When you get to the last lines on page 2 of the 1040 federal income tax return line 72 where it says THIS IS THE AMOUNT THAT WAS OVERPAID then you will know how much your refund amount should be. If the amount is ZERO -0- and then you have an amount on line 75 AMOUNT YOU OWE.
You have reached age 72 do you still have to file a federal tax return?
There is no special exemption for reaching age 72. If you have sufficient income or owe taxes, then you have to file just like anyone else.
If you were 72 years old and born in December how old would you be?
age = age If you are 72 years old you are 72 years old.
At what age did Monica Abbott start pitching?
72
Age of etta James at death?
Etta James is still alive and well at age 72.
How many caps has Steven Gerrard got for Liverpool?
72 senior England cap.
What is john macains age?
he is 72 years old!! he is 72 years old!!
Alvin's age is two times Elga's age The sum of their ages is 72 What is Elga's age?
Elga is 24, because this would mean that Alvin's age is 48, and 24+48=72.
How old is a 72 month old person?
72/12 = 6 years of age
What was the age of quaid e azam when he died?
He died at the age of 72
What age is lawson lead singer?
72
What age is a senior in pony club?
72
What Age and weight of john Madden?
72
