Welcome Guest. Register Now!  


Social Security Social Security benefits and tax issues


Reply
 
LinkBack Thread Tools Search this Thread Display Modes
  #1 (permalink)  
Old 04-14-2014, 11:39 AM
Junior Member
 
Join Date: Apr 2014
Posts: 3
Do I need to file?

I've been on SS disability for many years now and I need to know if I have to file taxes. I am married with 2 young children. My wife cares for me and the children and she does not work. Years ago I was told that I do not have to file but I'm curious as what I need to do now. I only receive 30,660 for myself and my children a year.



Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit! stumble!bookmark in google!Share on Facebook!
Reply With Quote
  #2 (permalink)  
Old 04-15-2014, 09:31 AM
Moderator
 
Join Date: Oct 2010
Posts: 4,835
Quote:
Originally Posted by ricks View Post
I've been on SS disability for many years now and I need to know if I have to file taxes. I am married with 2 young children. My wife cares for me and the children and she does not work. Years ago I was told that I do not have to file but I'm curious as what I need to do now. I only receive 30,660 for myself and my children a year.
It depends on your MAGI also called provisional income(50% of your SSDI plus tax exempt income plus foreing tax credit(if you have)); the base amounts are $32K for married couples filing jointly; as yo only receive $30,660 then your MAGI is lower than $32K, you do not need to pay tax on your SSDI.
so unless you are subjecrt to tax refund from IRS/ State,you do not need to file your 2013 return



Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit! stumble!bookmark in google!Share on Facebook!
Reply With Quote
  #3 (permalink)  
Old 04-15-2014, 10:52 AM
Junior Member
 
Join Date: Apr 2014
Posts: 3
Quote:
Originally Posted by Wnhough View Post
It depends on your MAGI also called provisional income(50% of your SSDI plus tax exempt income plus foreing tax credit(if you have)); the base amounts are $32K for married couples filing jointly; as yo only receive $30,660 then your MAGI is lower than $32K, you do not need to pay tax on your SSDI.
so unless you are subjecrt to tax refund from IRS/ State,you do not need to file your 2013 return
My next issue is for my wife. She wants to get on the Affordable healthcare but without filing taxes, she won't get the tax credit. I can't afford to pay to get my taxes done and can't afford to pay for her so called affordable health care act. We are eligible for the tax credit only if we do our taxes. Where can I file my taxes without paying for it to be done? I tried a couple of them online and it said I owe nothing but at the end, they both wanted be to pay for filing.



Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit! stumble!bookmark in google!Share on Facebook!
Reply With Quote
  #4 (permalink)  
Old 04-15-2014, 10:56 AM
Junior Member
 
Join Date: Apr 2014
Posts: 3
My next issue is for my wife. She wants to get on the Affordable healthcare but without filing taxes, she won't get the tax credit. I can't afford to pay to get my taxes done and can't afford to pay for her so called affordable health care act. We are eligible for the tax credit only if we do our taxes. Where can I file my taxes without paying for it to be done? I tried a couple of them online and it said I owe nothing but at the end, they both wanted be to pay for filing.



Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit! stumble!bookmark in google!Share on Facebook!
Reply With Quote
  #5 (permalink)  
Old 04-16-2014, 04:18 AM
Moderator
 
Join Date: Oct 2010
Posts: 4,835
Quote:
Originally Posted by ricks View Post
My next issue is for my wife. She wants to get on the Affordable healthcare but without filing taxes, she won't get the tax credit. I can't afford to pay to get my taxes done and can't afford to pay for her so called affordable health care act. We are eligible for the tax credit only if we do our taxes. Where can I file my taxes without paying for it to be done? I tried a couple of them online and it said I owe nothing but at the end, they both wanted be to pay for filing.
If you filed a tax extension, you can use Free File to do your
federal tax return through October 15, 2014;for your free file with the IRS please visit the website here; http://apps.irs.gov/app/freeFile/jsp/index.jsp?ck
or your state return free file, you need to contact the Dept of Rev of your home state



Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit! stumble!bookmark in google!Share on Facebook!
Reply With Quote
Ads
Reply


Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
First-time Filers Should Use Free File to Prepare, e-File Returns Samatg For 2009 0 03-05-2010 01:41 AM
What Form is used to file an Estate Tax return and what if I cannot file on time? abax Estate Planning 1 08-27-2007 10:10 PM
did not file 1096. Is there a penalty to file late? Kathryn C-Corporation 1 03-11-2007 05:59 PM
How does one file an extension to file request? vanngo Miscellaneous 1 01-29-2007 10:27 AM

Follow us on Facebook Follow us on Twitter Google Buzz Rss Feeds

» Categories
 
Individual
 » Income
 » IRA/Sep
 » Medical
 
Corporations
 » Payroll
 
Forum for CPAs
 
Financial Planning