The Motley Fool Discussion Boards

Previous Page

Retirement Discussions / Retired Fools

URL:  http://boards.fool.com/we-are-always-amazed-that-we-pay-no-taxes-at-all-30598382.aspx

Subject:  Re: Annual Income Taxes Done Date:  3/20/2013  10:46 AM
Author:  RetiredVermonter Number:  18296 of 19326

We are always amazed that we pay no taxes at all. We both collect SS income, I pull several thousand a year from my IRA to supplement that, I get a small pension of about $350/month (which just pays Medigap costs), and she gets a small amount from stock dividends. It's not a bad amount, but we're far from well off!

We've paid NO state or federal taxes at all for 4 years now, so maybe you'll do okay!

Good luck!

Vermonter
Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us