Tax Guide for Seniors - Publication 554 (For Use in Preparing 2020 Returns)
Author | : Internal Revenue Service |
Publisher | : |
Total Pages | : 40 |
Release | : 2021-03-05 |
ISBN-10 | : 1678086843 |
ISBN-13 | : 9781678086848 |
Rating | : 4/5 (43 Downloads) |
Book excerpt: overview of selected topics that are of interest to older tax-payers. The publication will help you determine if you need to file a return and, if so, what items to report on your return. Each topic is discussed only briefly, so you will find references to other free IRS publications that provide more detail on these topics if you need it.Table I has a list of questions you may have about filing your federal tax return. To the right of each question is the location of the answer in this publication. Also, at the back of this publication there is an index to help you search for the topic you need. While most federal income tax laws apply equally to all taxpayers, regardless of age, there are some provisions that give special treatment to older taxpayers.