Almost everyone is required to file their taxes in April of every year. The only exceptions to this are if you decide to postpone your taxes for a valid reason or if you are actively serving in the military and you were deployed into active combat. In either of these situations, you will eventually be required to pay your taxes upon your return, as this just allows a delay in your filing.

What Are the Tax Filing Requirements for Seniors?

When filing your tax return, you will need to fill out the form that corresponds to you. For example, the IRS has recently developed a tax return form that has been simplified specifically for the use of seniors 65 years of age or older. 

Most other individuals filing their taxes will have the same form or similar ones depending on the state you are filing in. The IRS and other tax-assistance agencies have all these forms on file and you will simply need to choose the one that corresponds to you when you file your taxes. 

In addition to when and what form you will need to file, you will also need to choose where to file

Most people opt to file their taxes online or go through a local tax agency to help them fill out their tax return forms correctly. 

For seniors looking for tax assistance, it is recommended that you visit a local IRS agency or a partner who provides volunteers for the Tax Counseling for the Elderly (TCE) program before tax season. This way, all seniors in need of help with their tax return form can receive free assistance from a trained and knowledgeable tax volunteer in their area. 

These specialized tax volunteers will also know how to navigate specific senior tax needs, like how to file with Social Security or retirement benefits.

By Admin