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Yes, you can easily use a (DSC ) Digital signature for income tax process by Class 3 DSC. I really believe in genuinely highest level security, I am also using the better one and suggest to you that one is Capricorn DSC.
chetan meghvanshi
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∙ 11y agoNONE. 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.
A dependent on another taxpayer income tax return with unearned income interest, dividends, capital gains, rental income, taxable social security benefits, unemployment compensation, gambling winning and misc income, etc of more than 950 must file an income tax return and report all worldwide income on the 1040 tax return.
A self employed taxpayer would be required to file an income tax return if business operation had a net profit of 400 and pay the social security and Medicare taxes that would be due plus any income tax that may be due after adding the net profit to all other gross income on the 1040 tax form and the amounts would be subject to income tax at the taxpayer marginal tax rates.
The must file an income tax return requirement for the year 2009 would be in the 2009 1040 instruction book starting on page 7 through 9 and the book is available at the enclosed web site
Filing Requirements
Do You Have To File
Even if you do not have to file, here is a reason why you may want to file:
Federal Income Tax Withheld If you are not required to file, you should file to get money back if Federal Income Tax was withheld from your pay, you made estimated tax payments, or had a prior year overpayment applied to this year's tax.
July 30 2010
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Do you file income taxes even if you had no income?
There is no need to file an income tax return if you had no income. That said, there was a year when senior citizens could claim a tax credit by filing even if they had not income so your question is valid. For 2010 though, as the rules stand today, you don't need to file.
Is it a good idea to file your taxes for free?
It would be a good idea to file your taxes for free if you happen to have a low income. There are several places that can do that for you. If you are a senior citizen you can check to see if there are local firms that would offer their services for free.
Can you get your property tax back if you retire?
Retirement doesn't qualify you for a property tax abatement, but your age may. Some state in the United States, but not all, have tax relief programs for senior citizens. They typically have an age requirement (say 65 and over) and the tax savings may depend on your household income and assets. Ask about local assessor about tax relief programs for situation. Each state has different tax laws and some states allow localities to customize their tax relief programs. Local assessors are usually very helpful.
Where to go get your income taxes done?
Make under $50,000 per year and have a simple return? You can efile for free-check details with the IRS irs.gov Elderly? Most senior centers have freee voulnteer income tax preparation. You can try the self-prep software (like Turbotax) if you are inclined to that sort of thing. Need a preparer? Look for an enrolled agent (licensed by the federal government to prepare taxes) you can find one at naea.org
What are valid senior rater entries in the overall performance section?
which of the following are valid senior rater entries in the overall performance section
How many senior citizens pay income tax?
The number of senior citizens paying income tax can vary depending on their income levels and sources. Generally, senior citizens with income above a certain threshold are required to pay income tax on their earnings from pensions, investments, and other sources. It's best to consult tax data from the relevant government agency for specific statistics.
Low Income Housing for Senior Citizens?
Low income housing for senior citizens typically refers to government-subsidized housing options specifically designated for seniors with limited financial resources. These programs provide affordable housing options that cater to the needs of seniors, such as accessibility features and social services. Eligibility requirements and availability vary by location, so individuals should contact their local housing authority or Department of Housing and Urban Development for more information.
Does a 70-year-old pay taxes on income earned?
Yes, a 70-year-old may still need to pay taxes on income earned, depending on the amount and sources of income. Social Security benefits, pensions, retirement account distributions, and other forms of income may be subject to taxation at the federal or state level. It is advisable for individuals to consult with a tax professional for personalized advice.
Reasons to Consider Senior Low Income Housing?
Many senior citizens fail to consider a great rental possibility that can save them money, and that is senior low income housing. Many senior citizens are simply not aware that with their lower income, they are able to qualify for low income housing. There are all sorts of housing options that provide affordable housing for senior citizens. Some buildings are simply created to provide for lower income senior citizens, while other federal programs allow senior citizens to use vouchers in order to pay for rent. It is definitely worth researching the variety of programs that exist and allow a senior citizen to pay lower rent for every month. For example, the HUD 202 program provides rental assistance for senior citizens. The federal government created this program so that senior citizens would be able to pay lower rent per month according to income. Basically, there is a formula that calculates what a senior citizen’s rent will be based upon an adjusted gross income. The formula will also subtract any necessary medical expenses from a senior citizen’s adjusted gross income. The resident then only has to pay 30% of his or her adjusted gross income for monthly rent and utilities. There are many requirements that must be met in order to qualify for the HUD 202 program. First, an elderly person or couple must be at least 62 years of age or older to qualify for the program. There are certain income restrictions that may also apply to individuals applying for the program. A senior citizen can only make a certain income in order to qualify for the program. Section 202 apartments also provide incredibly inexpensive deals for senior citizens. These apartments tend to be very, very small but are the least inexpensive apartments on the market for senior citizens. Many people cite Section 202 as the best apartment deal for senior citizens. When senior citizens realize their retirement funds may be running out, they should definitely consider the switch to lower income housing. The best plan is to be prepared to switch over to lower income housing before things get so bad that you are required to switch. Overall, many people have positive experiences living in senior lower income housing.
Great Lower Income Apartments for Senior Citizens?
Some great options for lower income apartments for senior citizens include government-subsidized housing programs like Section 8 or Low-Income Housing Tax Credit properties. Additionally, some non-profit organizations and community groups offer affordable housing options specifically for seniors. It's always recommended to check with local housing authorities or social service agencies for assistance in finding suitable and affordable accommodations.
grants for the elderly or disabled?
Disabled and senior citizens
Who can avail ladies quota in Indian railway is there any concession in Fare?
No there is no concession in Fare for Ladies quota for general, but there is a quota for ladies age more than 58 ( Senior Citizens) 50% less in all classes.
Where is the cheapest low income senior housing?
The cheapest low income senior housing is usually in more rural areas. City-living is comparatively expensive. Florida has great weather and a large community of senior citizens. The cost of living in Florida is relatively low and you will be able to find communities dedicated to low income senior housing.
What is age of senior citizen in income tax?
65 years old till 31.03.2012Budget 2012 has made changes in age of Senior Citizen.Now, Any person if he is more than 60 years is considered as Senior Citizen for Income tax purpose in India.Relevant tax rates applicable for senior citizen is given here.http://taxgyan.in/senior-citizen-income-tax-rates-and-age/Income upto Rs 2,50,000 is exempt from Income Tax for Senior Citizens.Read more: Who_is_a_senior_citizen_for_income_tax_in_India
What is senior citizens tube pass?
its a cheaper pass for Senior citizens
What act protects senior citizens?
Senior Citizens' Equity Act
What is most closely associated with the government providing pensions for senior citizens?
Social security programs are most closely associated with the government providing pensions for senior citizens. These programs are designed to provide financial support to retired individuals and ensure they have a source of income in their old age.
