Official Newspaper of Eddy County since 1883

Savvy Senior: How much do you have to make to file taxes?

Dear Savvy Senior,

What are the IRS income tax filing requirements for retirees this tax season? My income dropped way down when I retired in 2022, so I’m wondering if I need to even file a tax return this year.

Recently Retired

Dear Recently,

Whether or not you are required to file a federal income tax return this year will depend on how much you earned last year, as well as the source of the inc...