Do I Have to File Taxes on Supplemental Security Income (SSI)?
The Social Security Act of 1964 introduced policies designed to assist the elderly and disabled. Supplemental Security Income (SSI) was part of this act. SSI is provided to individuals who have an insufficient work history to collect Social Security benefits. To qualify for SSI, you must be age 65 and older or suffer from a qualifying disability.
Filing Taxes When Receiving SSI
SSI is a form of public assistance offered by the Social Security Administration. Because it is considered public assistance, filing taxes on funds received through SSI is not necessary. However, if you receive other income, such as SSDI, work income, retirement income or income from other sources, you may need to file taxes on this other income. If you receive SSI and outside income, consult a tax professional to determine whether you need to file taxes on the outside income.
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