At What Age Do Seniors Stop Paying Taxes

When you make money that is subject to federal income tax, you are required to pay that tax. On the other hand, persons who are 70 years old may experience a reduction in their income taxes or perhaps have them completely erased as a result of the fact that their income has changed and reduced. The majority of persons who reach the age of 70 are retired and, as a result, do not have any income that must be taxed.