Quote:
Originally posted by viejo gringo
Just turned 70--wife is 62---payed $1093 in taxes last year----have some investments..
When can I stop fileing income tax???
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When you no longer have any taxable income or stock transactions.
Essentially, if you have income/dividend/wage income under the standard deduction, you won't need to file. Check with a CPA for your particular situation.
If you're paying in tax still, you need to file, no matter how old you get.