Do you have to report that you're turning 65 if you're not retiring?

by Paul K. Rudoy, CPA | Aug 29, 2017
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No. Turning age 65, however, does permit you many opportunities such as increasing your standard deduction on your federal income tax return and applying for Medicare, but whether you retire or not is not an income tax matter.

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Answered by: Paul K. Rudoy, CPA, PFS, is managing partner of H2R CPA in Pittsburgh.
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The responses are based on the limited information provided by the questioner and apply the laws and regulations at the time of posting. Other options could arise as rules and regulations may change over time, including but not limited to the passage of the Tax Cuts and Jobs Act of 2017. They are intended to provide general information, not specific accounting or tax advice; they are not intended or written to be used and cannot be used for the purpose of avoiding or evading taxes or penalties under the IRS code or regulations. Views expressed do not imply an opinion of the PICPA, its officers, directors, employees, or members.
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