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Can you file taxes on Social Security and disability benefits?

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Can you file taxes on Social Security and disability benefits?

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On One Hand: You May Get a RefundIf there is a tax credit being offered, many people on Social Security or disability file income taxes to get the tax credit from the government. In 2007, the economic stimulus payments were given to many, but you had to file taxes to get it, so many people on fixed incomes did file taxes for that year. You can also file your Social Security and disability benefits to get back any federal tax money that may have been withheld.On the Other: Be CarefulGenerally, you do not have to file taxes on your Social Security or disability income due to the low income requirements. To qualify to file taxes, you usually need some sort of supplemental income, such as part-time work that puts your income between $25,000 and $34,000 annually. The kicker: When you report this additional income, your benefits may be reduced.Bottom LineFiling taxes on Social Security and disability income will benefit you if the government is offering a tax credit or to get a refund for an

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