Filing Taxes and Social Security

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taxes and social security
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This Tax Day looks different than it has in years past. This year, the federal government has extended the deadline to file for individual taxpayers to May 17th. However, many seniors who receive Social Security benefits don’t even have to file a tax return. Learn more about taxes and Social Security so that you can be sure to file if needed.

According to TurboTax, individuals who do not receive any income other than their Social Security benefits do not have to file a tax return. But those who earn other income might need to file, depending on how much they’ve made. Your marital status and the age of your spouse can also be a factor in whether or not you need to file. 

Taxes and Social Security don’t have to be complicated. If you need to prepare a tax return for 2020, make sure to file by May 17th. At NORA, we’re helping American seniors by petitioning Congress to pass The Guaranteed 3% COLA for Seniors Act. This important piece of legislation will ensure that Social Security beneficiaries receive a fairer cost-of-living adjustment each year. We’re also fighting to make this act retroactive to 2010, which could help seniors receive up to $10,970 in benefits they’ve earned.

Join us in this fight for America’s seniors. Add your name to our petition and keep up with NORA on Twitter and Facebook!