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Old 02-21-2015, 11:26 AM
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SSID Income with Dependant

I am currently on Social Security Disability. That is my only income and is non-taxable. I have guardianship of a 16 year old that is my dependent and I own a condo. In the past (before I had a dependent), I was told I didn't need to file taxes since there was no income.

Do I need to file taxes now? and if I do, will I get a return?? I didn't think a return was possible if I didn't have a taxable income. Thanks for your input!



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Old 02-22-2015, 05:57 PM
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I am currently on Social Security Disability. That is my only income and is non-taxable. I have guardianship of a 16 year old that is my dependent and I own a condo. In the past (before I had a dependent), I was told I didn't need to file taxes since there was no income. ==>>>>>>>You do not need to file your return aslongas you have only SSDI.

Do I need to file taxes now? ==========>>>>>>>>>>>>as single, unless your provisional income, MAGI, exceeds $25K, you do not need to file return either. You have to pay federal income taxes on your Social Security benefits. This usually happens only if you have other substantial income (such as wages, self-employment, interest, dividends and other taxable income that must be reported on your tax return) in addition to your benefits.

and if I do, will I get a return?? I didn't think a return was possible if I didn't have a taxable income. ============>>A tax refund or tax rebate is a refund on taxes when your tax liability is less than the taxes paid. you can often get a tax refund on your income tax if the tax you owe is less than the sum of the total amount of the withholding taxes and estimated taxes that you paid, plus the refundable tax credits that you claim.UNLESS your federal/state taxes withheld,( or youpaid estimated taxes) no refund in your case.



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