Question

How much tax do I owe if my social security was my only income?

Forum|Forum|2 years ago
January 12, 2024
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TurboTax Deluxe Online

Employee

If the Social Security benefits are the Only income to be reported on the tax return, then there is no reason or need to file a tax return.

However, if you have healthcare coverage through one of the State Marketplace Exchanges or from healthcare.gov and receive a Form 1095-A then you must file a federal tax return.

VolvoGirl

Employee

Or if there was tax withholding from SS you need to file to get it refunded. To efile you might need to enter $1 of bank interest. You can make up a 1099Int. It won't affect your return but let you efile.