The Executor or the Administrator
There is no age limit for filing income taxes in the United States. The only time you do not have to file tax returns is if your income falls below the minimum amount requiring you to do so.
No, when filing for the state income taxes, you will receive your federal income tax refund as well as your state income tax refund.
I suggest not filing a joint return. Using the Married Filing Separately filing status will not allow you to claim some tax benefits and you won't have the benefits of combining your income, but it will save you if your spouse is audited. If you file jointly, you will be fully responsible for the taxes on the omitted income. Filing a joint return creates something called "joint & several liability" which means you are both responsible for the entire tax liability, even if it's later adjusted because one spouse omitted income or committed tax evasion. Read IRS Publication 971 to find out the difficulty of not being held responsible for your spouse's actions. That's why I recommend not filing a joint return with your spouse. The benefits will not be worth the cost if they are caught evading taxes.
Requirements to file taxes is not based on age but income. If your income is below a certain amount, you do not have to file.
yes love scoobylover
You are not exempt from filing for Income taxes based on age. You are exempt from filing taxes based on the income you receive. If your income is over a certain amount you must file.
The estate is responsible for all debts, including taxes. The spouse benefited from the income.
with no income what would you be filing taxes on
There is no age limit for filing income taxes in the United States. The only time you do not have to file tax returns is if your income falls below the minimum amount requiring you to do so.
No, when filing for the state income taxes, you will receive your federal income tax refund as well as your state income tax refund.
I suggest not filing a joint return. Using the Married Filing Separately filing status will not allow you to claim some tax benefits and you won't have the benefits of combining your income, but it will save you if your spouse is audited. If you file jointly, you will be fully responsible for the taxes on the omitted income. Filing a joint return creates something called "joint & several liability" which means you are both responsible for the entire tax liability, even if it's later adjusted because one spouse omitted income or committed tax evasion. Read IRS Publication 971 to find out the difficulty of not being held responsible for your spouse's actions. That's why I recommend not filing a joint return with your spouse. The benefits will not be worth the cost if they are caught evading taxes.
It is recommended that an income tax course before filing your own taxes. Tax filing errors can be expensive and you should make sure you know what you are doing before attempting to file your own taxes.
Requirements to file taxes is not based on age but income. If your income is below a certain amount, you do not have to file.
yes love scoobylover
Seniors typically do not stop filing taxes based on age alone. They must still file taxes if they meet certain income thresholds or have other specific tax filing requirements set by the IRS. It's recommended to consult with a tax professional or the IRS guidelines to determine if a senior needs to file taxes.
January 1st 2009
yes