Ask Terry Questions Do We Still have to File Annual TAXES?

Do We Still have to File Annual TAXES?

By Terry Savage on May 15, 2023 | Taxes & Economy

Hi Terry,
My wife & I are on Social Security now with No other Income.
Do we still have to File Annual Taxes at the end of each year?
Thank You Terry

Terry Says

Likely No. Not unless you have additional income. Here are the tax brackets for filing.
Read this for specifics from TurboTax:
https://turbotax.intuit.com/tax-tips/retirement/when-does-a-senior-citizen-on-social-security-stop-filing-taxes/L53Hx1v9W

money

ASK TERRY

a personal
finance question