2024 Tax Forms 2024 Sr. Here’s how that works for a single person with taxable income of $58,000 per year: Prepare and file your federal income tax online at no cost to you (if you qualify) using guided tax preparation, at an irs trusted partner site or using free file fillable forms.
Section 194p of the income tax act, 1961 provides conditions for exempting senior citizens from filing income tax returns aged 75 years and above. Here’s how that works for a single person with taxable income of $58,000 per year: