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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.
What else can I help you with?
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.
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.
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 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.
Can you file two tax returns separately?
Yes, individuals can file two tax returns separately if they are married and choose to file separately rather than jointly.
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
Do students have to file tax returns?
In general, students must file tax returns if they have earned income that meets the filing requirements set by the IRS.
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.
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.
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
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).
