Changing Your Voluntary Tax Withholding

Q: How do I change the amount of taxes withheld from my Social Security benefit? A: Taxes are not routinely withheld from Social Security benefits but you can request, change or end voluntary Federal tax withholding by completing IRS Form W-4V, Voluntary Withholding Request, and returning it to your local SSA office. Voluntary withholding is…
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Payroll Tax Continues If Working After Retirement

Q: My mom is 67 years old and receives Social Security retirement. She also works part-time and noticed that Medicare is taken out of both her paycheck and Social Security benefit. She is wondering why. A: Two different issues are involved. The Medicare Part B (Medical Insurance) monthly premium is routinely deducted from Social Security…
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Email To My Social Security Accounts – 1099 Reminder

Email messages are occasionally sent to groups of people who have created their personal my Social Security account. These emails provide general information only, do not contain any personal information about you and do not request any personal information from you. Sometimes people receiving these emails contact Social Security to verify that the message is…
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Voluntary Income Tax Withholding

Q: Are taxes withheld from Social Security benefits? A: Taxes are not routinely withheld from Social Security benefits. Especially during this time of year, a related question is if taxes can be voluntarily withheld from Social Security benefits. They can. You can request voluntary federal tax withholding from your monthly Social Security benefits. Instructions and…
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More About Income Tax And Social Security

Information about Social Security benefits and federal income tax was posted earlier this week. Related to this, when did Social Security benefits become potentially taxable? Where does this tax money go? Portions of Social Security became taxable for federal income tax purposes in 1984 as part of the Social Security Amendments of 1983, signed into…
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