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Does my retired mom have to file a tax return?

Sometimes taxable income is so low, tax filing isn’t even required. Nonetheless, low-income taxpayers should not assume that they do not need to file.

Q: Hello, My mother is 82 and her only income for 2016 is her Social Security benefits for a total of $11,400 annually. She also collects her annual traditional IRA distribution of around $950. Will she need to file this income for 2016? Is it true at her age no matter the amount withdrawn from her IRA she will not be penalized? Also how much can she withdraw from her IRA annually and not have to file income taxes.

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