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Do I need to file a Federal tax Return if my only annual income is my Social Security Retirement Benefits?
4 Answers
- Anonymous7 years agoFavorite Answer
A return is not required but I would file every year as the return can be used to qualify for other benefits. I get 50% reduction of my property taxes for income being below a certain point. I need the return to prove income.
- card-ronLv 77 years ago
If that is your only income, there is no need for you to file a federal return.
- CarVolunteerLv 67 years ago
1 exception to "no". If you are married filing separately, 85% of your SS becomes taxable, so you might have to file.