vpFREE2 Forums

XVP earning limits

#1

Stopping short of asking an income tax preparer, I'm trying to figure out
the most a person on Social Security could make on W2-Gs before they would have
to file a federal or State income tax report. These 2 items would be their
only income. No assets, so no deductions other than personal.
I know it depends on how much SS they make, but I've downloaded the SS
worksheets to determine if any of the SS earned would be taxable after adding up
the W2-Gs, and I get fuzzy from there.
Can someone guide me to some better info?
Thanks.

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#2

Try looking over a 1040 form. They explain all the rules there. You
could actually fill out a 1040 to see what happens. www.irs.gov

Stopping short of asking an income tax preparer, I'm trying to

figure out

the most a person on Social Security could make on W2-Gs before

they would have

to file a federal or State income tax report. These 2 items would

be their

only income. No assets, so no deductions other than personal.
I know it depends on how much SS they make, but I've downloaded the

SS

worksheets to determine if any of the SS earned would be taxable

after adding up

the W2-Gs, and I get fuzzy from there.
Can someone guide me to some better info?
Thanks.

<BR><BR><BR>**************************************<BR> AOL now

offers free

ยทยทยท

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