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Yes. The amount taxed will depend on your total income as a single or jointly. You will receive an SSA-1099 that will give you the information you need. There is also information on the Social Security site in your account.

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8y ago
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11y ago

I am 72 years old and draws social security and retirement, but has a mortgage payment each month. Do I need to file for taxes?

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11y ago

Whether you file or not depends on your yearly earnings. Call the Internal Revenue at filing time and find out the earning amount for that year,

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11y ago

It depends on whether you have other taxable income. Call the IRS to get information.

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11y ago

yes ,i did

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3y ago

yes

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Q: Do you have to file taxes if you get your pension and social security?
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Related questions

Is Social Security included when assessing income to file taxes?

Yes


Is any of this considered earned income if you and your wife live on social security income and a small pension benefit but no labor is performed?

No. Social Security and Pension income are not considered earned income for the purposed of the Earned Income Tax Credit. This is not to say that you will not have to file an income tax return and possibly pay taxes. Depending on the amount of income you have and your filing status, you may or may not have to file a return.


First age you can file for social security and is a widow pension that is being sent stop?

Usually at age 62 you can file for your own social security benefits. Would depend on what type of widows pension this is. Go to the SSA gov website SOCIAL SECURITY BENEFITS ONLINE and use the search box where you can find some information


How do you get disability if you have never filed taxes?

Disability and taxes are unrelated. If you were injured on the job, file with the employment security office of your state. If not, check with Social Security.


What is form 491 tax form?

A form for employers to file their social security taxes.


Do you need to file taxes if you get a pension from the military?

Yes


As a single person you earned 600.00 as an employee do you need to file taxes?

If this was your only source of income (no bank interest? no investments? no pension? no unemployment compensation?), then you do not have to file a federal tax return unless you had unreported tips,you had uncollected Social Security tax on tips, you got advance EIC payments, or you received the wages from a church group that is exempt from Social Security. You may have to file a state tax return, depending on which state you lived or worked in. If any taxes were withheld, you will forfeit your refund if you don't file.


If you income is your social security benefits do you have to file an income tax form?

yes, you will not pay any taxes.


Do you have to pay federal taxes at age 66 when you start getting a social security chech and still work?

Yes. Age doesn't have anything to do with paying taxes. The fact you are working and have a W4 means you have to file and include what you earn from Social Security.


How can one properly file self employment taxes?

To file self employment taxes you must complete a Schedule SE form and attach it to your 1040 form. If you have any employees then you also have to pay employment taxes such as Social Security and Medicare Taxes.


Do i need to file taxes if only income is social security and i dont work?

Unlikely unless you are married and your spouse is filing a separate return (rather than a joint return). You might also have to file taxes if you receive a large lump sum for benefits from a previous year or years. But are you sure you have no other income? No interest from the bank? No pension? No IRA? No 401k? No investments?


Can you file federal taxes if you earned 10353.00 in wages and 8300.00 in social security payments?

Yes you can. You are probably even required to.