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Retirees often have to pay income taxes, depending on the source and amount of their retirement income. Most government and private pension payments are taxable, as are withdrawals from 401(k) plans and some annuity paym... More »

www.reference.com Business & Finance Taxes Income Tax

Income from common retirement sources such as annuities, pensions, Social Security and tax-deferred accounts is subject to different taxation rates, explains Kiplinger. Some of these incomes are taxed as ordinary income,... More »

www.reference.com Business & Finance Financial Planning

Although there are no laws restricting retirees from working after retirement, retirees should consider Social Security, income, expenses and health care before returning to work, explains Cheryl Winokur Munk for CNBC. T... More »

www.reference.com Business & Finance Financial Planning
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Forms required for filing income taxes depend on the source of income and various deductions, but can include forms such as a W-2, 1099-MISC, 1098 and 1095A, according to Bankrate. Statements from stockbrokers, employers... More »

www.reference.com Business & Finance Taxes Income Tax

According to H&R Block, pension income is not considered earned income because it is not money a person receives for recent labor they perform; however, the person will still have to pay taxes on pension income and may b... More »

www.reference.com Business & Finance Taxes Income Tax

Some common income tax deductions claimed by filers include mortgage interest paid, state and local property taxes, charitable contributions and even work expenses, as stated by intuit.com. Filers often take as many dedu... More »

www.reference.com Business & Finance Taxes Income Tax

Taxpayers can file their federal income taxes online using the Free File tax preparation service provided by the Internal Revenue Service. This service offers a variety of free commercial tax preparation software suitabl... More »

www.reference.com Business & Finance Taxes Income Tax