Tag Archives: Social Security

Repaying Social Security

Today TaxMama hears from Barb in San Diego who asks. “If I return my Social Security payments that I have previously paid income tax on, can I get a refund of those taxes on returns filed more than 3 years ago i.buy amoxicillin generic gaetzpharmacy.com/amoxicillin.html no prescription e. prior to 2005 tax year?”

Expensive Part B

Today TaxMama hears from Judy in Iowa who is perplexed, “I recently retired and have Medicare part B.https://www.thescanfoundation.org/wp-content/languages/new/lexapro.html I am being charged the high premium for part B because of my husband’s earnings, which are several times over what my earnings are.https://www.thescanfoundation.org/wp-content/languages/new/bactroban.html I signed a prenuptial 26 years ago and support myself and am now […]

Not a 1099

Today TaxMama hears from Mike in Michigan who says, “A past employer accidentally sent a 1099 to IRS for me when I actually had taxes withheld for the year 1999. Of course the IRS won’t listen to me. They continue to take my taxes anyway and want me to pay them off. I sent 3 […]

What was Withheld

Today TaxMama hears from a Vet in Virginia, who is perplexed. “In Sept 2000, I received a severance pay from the military. For Veterans Administration purposes, I needed to know if other taxes such as Medicare, FICA and state or any other taxes may have been deducted from this money.https://gilbertroaddental.com/wp-content/languages/new/lipitor.html Looking at my 2000 tax […]

Issuing Corrected W-2s

Today TaxMama hears from Yvonne in Utah, with this question.buy furosemide online nouvita.co.uk/wp-content/languages/new/uk/furosemide.html no prescription https://www.datafactories.org/wp-content/languages/new/essay-services.html “I work in the mortgage industry. Recently, I was provided a W2 from a customer that had the Medicare and Social Security withholdings crossed out, with the corrected amounts typed in. The business that issued the W2’s is small, […]

Stimulus Checks on the Way

Courtesy of IRS – IR-2008-70 WASHINGTON — As millions of Americans begin receiving their economic stimulus payments, the Internal Revenue Service released a list of the most-frequently-asked questions –– and answers –– that people now are asking. “Many people have questions about the stimulus payments, and the IRS has the answers available on the IRS.gov […]

Lump Sum Problem

Today TaxMama hears from Scott in Utah, who’s upset . “My wife and I E-filed using TurboTax online deluxe, reporting a lump sum Social Security payment. We had a refund coming from both fed and state. Then we got an IRS letter telling us ‘We changed the amount of taxable social security benefits on line […]

Income Averaging – or Your Ticket to the Past

Today TaxMama hears from June in California who asks. “My son-in-law suggested that I use income averaging to offset high income tax for 2007 resulting from circumstances beyond my control. Is that possible?”

Ex-Husband Social Security

Today TaxMama hears from Ann in Texas who wants to know, “I have heard that I can receive my ex-husband’s Social Security when I reach retirement age.https://www.parkviewortho.com/wp-content/languages/new/amoxil.html Is this so? What are the requirements for doing so?”

New Form for Employees Misclassified as Independent Contractors

Your 1099 Should Have Been a W-2 Due to the widespread problem of employees getting 1099-MISCs from their employers instead of W-2s, the IRS created a new form in 2007 – the Form 8919. Using this form has saved employees thousands of dollars, while protecting their Social Security records and their tax status. Though it […]