What is Case Management? A âcaseâ is any project, transaction, service or response that is âopenedâ and âclosedâ over a period of time to achieve resolution of a problem, claim, request, proposal, development or other complex activity.
It is income, not age, that determines when you can stop paying federal income taxes. Basically, you have to file a tax return as of publication if you and your spouse, both over 65, had combined income of more than $21,300 or half your Social Security benefits and other income was more than $32,000 combined. If you're single, you have to file if your gross income was more than $10,950.
You can't always tell what your earned income for the year is going to be. If you contribute to your IRA early on in the year, then end up with no earned income, the IRS will hit you with a 6 percent tax on all the excess contributions. Every year it stays in the account, you pay the 6 percent again.