Rossen Reports: These people don바카라 게임 웹사이트t need to file taxes, do you qualify?
If you don바카라 게임 웹사이트t HAVE to file your taxes, why should you? Let바카라 게임 웹사이트s the groups of people that DON바카라 게임 웹사이트T have to file.
If you're under 65: If your 2023 gross income was less than $13,850 as a single filer, and $27,700 if married filing jointly, you don't have to file.
If you're over the age of 65: If your income was under $15,700 as a single filer, and $30,700 if married filing jointly, you don't have to file a federal tax return.
Another question many people have 바카라 게임 웹사이트 what if I바카라 게임 웹사이트m on Social Security? Do I still need to file my taxes?
If the only income you receive is your Social Security benefits, then you typically don't have to file a federal income tax return.
BUT, if you have other sources of retirement income, like a 401(k) or a part-time job 바카라 게임 웹사이트 then you need to file.
A quick way to see if you바카라 게임 웹사이트re going to pay taxes on your Social Security income is to take half of your benefits and add that amount to all your other income, including tax-exempt interest. If that number is above $25,000 for a single filer and $32,000 for joint filers 바카라 게임 웹사이트 you바카라 게임 웹사이트ll likely have to pay taxes. .
Here바카라 게임 웹사이트s the thing 바카라 게임 웹사이트 even if you don바카라 게임 웹사이트t HAVE to file your taxes, it바카라 게임 웹사이트s a good idea to do it anyway.
You might qualify for a tax break that could bring you some money. Plus, if you haven't had to file in a few years, you may be eligible for tax breaks from the past three years.
If you바카라 게임 웹사이트re unsure, it바카라 게임 웹사이트s always a good idea to talk to a financial professional.
**Have a question for Jeff Rossen? He바카라 게임 웹사이트s answering your consumer questions every Friday in the new segment 바카라 게임 웹사이트Rossen Responds.바카라 게임 웹사이트 Email your questions to him at RossenResponds@hearst.com.**