answersLogoWhite

0


Best Answer

Income tax returns are generally based on the amount of income, not the source. However, Social Security and other income not from wages may be treated differently for Federal, state, or local taxes. (This can apply to IRA, 401-K, and annuities.)

More information is available at the IRS link and your state tax agency.

User Avatar

Wiki User

14y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Do you have to file tax returns if you are retired?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Do retired people file taxes?

Yes, retired people still have incomes (usually) and therefore still file income tax returns.


Do you have to file an income tax return if you are deceased?

The estate of the deceased has to file tax returns.


Can I prepare state and federal tax returns online?

You can prepare federal tax returns online. However, some states require that you file state tax returns through the mail. You will have to file them separately.


Where to file personal income tax return with refund?

Where to file federal tax returns: http://www.irs.gov/file/index.html Where to file state returns: http://www.taxadmin.org/fta/link/forms.html


What is a word for submitting your tax returns?

You "file" your tax returns with the taxing authority (federal government, etc.) You can also "efile" your tax returns by submitting them electronically.


What are some trusted websites where you can file your online tax returns?

You can file your online tax returns with the TurboTax website at TurboTax.com. You can also file with many other services that can be found at IRS.gov.


Can you receive your tax refund if you didn't file the previous year?

It is not possible to get refund unless we file the income tax returns. When we file returns it will check with OLTAS and generate refund if paid excess


I'm retired, do I have to file an income tax return?

If you are retired and are drawing Social Security, as long as you draw less than 50,000$ a year you do not need to file a tax return.


Do estates file yearly tax returns?

Yes, they are required to file tax returns. Estates have assets and those assets may be earning income. That income is taxed.


Do corporate earnings have tax returns?

Corporate earnings don't have tax returns. But corporation that earn (and even those that lose money) do have to file tax returns to report their earnings (or losses).


In order to get the best refund, people should file their tax returns as early as possible.?

In order to get the best refund, people should file their tax returns as early as possible.


Is it too late to file 2008 tax returns?

No it is never too late file any of your past years income tax returns that have NOT been filed completely and correctly.