I'm currently on disabiltility getting $1250 a month. Last year I received $5124 in disability. I also got around $2800 from cashing out an IRA last year and I received around $4000 from my previous job in the months of January and the first half of Feburary.
Is there a minimum I have to reach for taxes and have I reached it?
Thu Jan 27, 2011 11:13 pm
coaster Senior Advisor
Cash: $ 1626.30
Posts: 7990
Joined: 11 Oct 2005
Location: Wisconsin
Thanks for the suggestion, I already use that site.
I need to know if I made enough income last year with those 3 sources added together to qualify for doing taxes, I thought you had to have a minimum income to be able to do taxes?
Fri Jan 28, 2011 7:34 am
coaster Senior Advisor
Cash: $ 1626.30
Posts: 7990
Joined: 11 Oct 2005
Location: Wisconsin
I'm suggesting that you take all the numbers you've got and plug them into the Turbo-Tax interview and it'll tell you whether or not you need to file a tax return.
