The Transylvania Times -

Savvy Senior: Do I Need To File A Tax Return This Year?

 

February 4, 2019



Dear Savvy Senior,

What are the IRS income tax filing requirements for retirees this tax season? My income dropped way down when I had to retire last year, so I’m wondering if I need to file a tax return this year.

Retired Ron

Dear Ron,

Whether or not you are required to file a federal income tax return this year actually depends on several factors: how much you earned last year (in 2018); the source of that income; your age; and your filing status.

Here’s a rundown of this tax season’s IRS tax filing requirement thresholds. For most people, this is pretty straightforward. If your...



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