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What else can I help you with?
Do person receiving ssi have to file tax return?
If SSI is the only income that you and your spouse, if married, receive then you will not be required to file an income tax return for the Federal Government.
Is ssi taxable?
Supplemental security income (SSI) is not taxable income.
What income is exempt from garnishment?
SSI income
What if you do not file a tax return?
If you had no earned income, or you were, perhaps receiving SSI benefits as your only income, then there is no need to file a tax return. However, if you had earned income and make it a habit to not file, it will eventually catch up with you and could be the result of an audit and you owing the IRS.
What is the Minimum income for an SSI receipient to pay income tax?
SSI payments are not taxable. But there are no special rules for SSI recipients. They follow the same rules for taxes on their other income as any other taxpayer would. To see if you need to file a return, consult Tables 1, 2, and 3 on pages 2, 3, and 4 of Publication 501: http://www.irs.gov/pub/irs-pdf/p501.pdf
Do person receiving ssi have to file tax return?
If SSI is the only income that you and your spouse, if married, receive then you will not be required to file an income tax return for the Federal Government.
Can you file taxes for legal and medical bills if on SSI?
If you want to file a tax return YES you can. SSI (supplement security income) would not be taxable income that you would report on your 1040 income tax return. If you do NOT have any taxable worldwide income that you are required to report on your federal 1040 income tax return it would NOT benefit you to file a federal income tax return and you would NOT meet any of the MUST FILE A INCOME TAX RETURN requirement's. If you want to file a tax return YES you can.
What is the needed income for the hamp program?
Should my disabled sons SSI income be inclueded under HAMP income guidelines? The mortgage note is only in mothers name.
Is ssi taxable?
Supplemental security income (SSI) is not taxable income.
Is social services in NJ allowed to include the income from SSI to get food stamps?
Yes the SSI payments amount would be counted as a part of your support income assistance that you are receiving for your necessary living expenses.
Can you file 2008 income taxes if you receive SSI?
Sure. Anyone can file a tax return if they want to. SSI benefits themselves are not taxable, but if you have other sources of income, they might be taxable. Whether or not you have any taxable income, you can file if you want to, but there may be little point in doing so.
What income is exempt from garnishment?
SSI income
Can you get ssd and ssi?
You can get SSI if your other income, including SSD, is less than the SSI standard.
What if you do not file a tax return?
If you had no earned income, or you were, perhaps receiving SSI benefits as your only income, then there is no need to file a tax return. However, if you had earned income and make it a habit to not file, it will eventually catch up with you and could be the result of an audit and you owing the IRS.
What does household income include for the Medicaid spenddown?
Almost all unearned income is included in determining Medicaid spenddown. One notable exception is Supplemental Security Income (SSI). There are other exceptions.
What is the Minimum income for an SSI receipient to pay income tax?
SSI payments are not taxable. But there are no special rules for SSI recipients. They follow the same rules for taxes on their other income as any other taxpayer would. To see if you need to file a return, consult Tables 1, 2, and 3 on pages 2, 3, and 4 of Publication 501: http://www.irs.gov/pub/irs-pdf/p501.pdf
Can a person who receives SSI be a cosigner for a car loan Will it affect the person SSI income?
Yes, a person receiving Supplemental Security Income (SSI) can be a cosigner for a car loan. However, being a cosigner does not directly affect their SSI income, as SSI is based on individual income and resources. It's important to note that if the primary borrower defaults on the loan, the cosigner may be responsible for repayment, which could impact their financial situation. Additionally, if the loan affects their overall resources or income, it could potentially influence their SSI eligibility.
