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    Oneill474's Avatar
    Oneill474 Posts: 427, Reputation: 2
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    #1

    Feb 13, 2008, 04:31 PM
    Minimum filing
    I get social security and a state pension amount to: $26,487.
    I used to file jointly before retiring. The social security income is exempt
    And the small pension is only $11,000. But I believe even if I don't have
    To pay any taxes. I think I must file anyway due to the minimum filing
    Requirements. Somewhere in $20,000 range?
    justwonder2's Avatar
    justwonder2 Posts: 12, Reputation: 2
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    #2

    Feb 17, 2008, 03:06 PM
    The minimum filing requirements for married file jointly with one spouse 65 or older is $18,550 of gross income. You would have to file a tax return this year because you have gross income of $26,487.

    The following link is the 1040 instruction booklet from the IRS home page.


    Reference from: http://www.irs.gov/pub/irs-pdf/i1040gi.pdf
    Oneill474's Avatar
    Oneill474 Posts: 427, Reputation: 2
    Full Member
    		  
    #3

    Feb 18, 2008, 04:20 AM
    Quote Originally Posted by Oneill474
    I get social security and a state pension amount to: $26,487.
    I used to file jointly before retiring. the social security income is exempt
    and the small pension is only $11,000. but I believe even if I don't have
    to pay any taxes. I think I must file anyway due to the minimum filing
    requirments. somewhere in $20,000 range?
    Social Security income is exempt. So only the pension is taxable which is
    $11,000.
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