Exposed: The Hidden Tax Traps for People Over 65
Retirement brings many changes, including alterations in your tax situation. One common question among retirees is whether they can ever stop filing taxes. The answer is that age does not exempt you from taxes. If you’re 65 or older, you must file a tax return if your gross income is $14,700. For couples filing jointly where both partners are 65 or older, this threshold is $28,700. However, if your sole income is from Social Security …