Seniors
Related: About this forumTaxes
I haven't filed for a few years. I'd do the paperwork, didn't owe, so I didn't submit the forms. I had a few changes last year, so I thought I'd better check in. My friend told me that there was tax help through the public library. I called and got an appt. which was today. I gathered up my income verification and went. The tax help is free, run by volunteers and supported by AARP and set up in the Knights of Columbus building.
I didn't bring a verification for social security, so the lady that was doing my taxes suggested I go to the SSA office and get a printout. She worked on my forms while I did that. It was easier than trying to get anything printed at home
Really glad they were so flexible. One person filled out the form and another checked it. Both said that even if i don't owe, It's a good idea to file every few years at least.
I was happy to hear that I didn't owe any taxes
usonian
(25,381 posts)Just so they wouldn't think I was holding anything back.
On the other hand, nobody really needs to file.
IRS has all the important data anyway. Some or all of my 1099's say. "Do not mail this in"
Good for you!
MichMan
(17,155 posts)That is terrible advice. If you owe money, you most certainly need to file. If you have a refund coming, why let the government keep it?
question everything
(52,143 posts)Marthe48
(23,181 posts)I didn't get anything back
question everything
(52,143 posts)Who can use Schedule 1-A?
Seniors who are age 65 or older
What deductions are on Schedule 1-A?
Senior deduction (enhanced deduction for seniors)
If an individual is at least 65 years old, they may be able to deduct up to $6,000. If their spouse is also 65 or older, they can claim up to $12,000 and must file jointly.
Marthe48
(23,181 posts)I saw $6000 on one of the lines. I'll have to look closer.