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.
1 For example, a married couple filing jointly with two qualifying children can earn $27,800 and reduce their federal tax liability to zero just by applying the standard deduction of $12,200 and personal exemptions of $3,900 each. That rate can actually be zero for those in the 10 percent or 15 percent tax brackets, Scharin says. 2  A married couple with adjusted gross income below $72,500 and single taxpayers below $36,250 might pay no tax on net capital gains.