Taxes
Get Your Social Security Benefit Statement (SSA-1099)
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Tax season is here, and we’ve made replacing your annual Benefit Statement easier. There’s no need to wait on the phone or make an appointment to visit a Social Security office. The Social Security Benefit Statement is also known as the SSA-1099 or the SSA-1042S. It is a tax form we mail to you every […]
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With IRS Direct File, Many Taxpayers Can File Taxes Online for Free
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The federal government has many critical responsibilities— protecting the planet; keeping our roads, skies, and food safe; and ensuring that Americans get the benefits they paid into for decades. The money to pay for all those things – and many more essential parts of American life – is collected by the IRS. But the tax […]
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There’s Still Time! Claim Your 2021 Child Tax Credit
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Thanks to the American Rescue Plan, the Child Tax Credit was increased and expanded for 2021. Most families are eligible to receive the credit for their children. For families with qualifying children who did not turn 18 before the start of this year, the 2021 Child Tax Credit is worth $3,000 to $3,600 per child, […]
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Tax Season: What To Know If You Get Social Security or Supplemental Security Income
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It’s tax season once again. It’s important to read this blog even if your earnings or benefits don’t require you to file a federal tax return. You may be entitled to special tax credits that can mean extra cash to help you with expenses. These tax credits are available even if you receive Supplemental Security […]
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How the Saver’s Credit Can Help You Save for Retirement
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Saving for retirement can be difficult in the best of times, but even harder during a pandemic and challenging economy. An underutilized tax credit, known as the Saver’s Credit, may be able to make it easier. In a nutshell, the Saver’s Credit is a tax credit that is intended to promote retirement savings among people […]
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Get Your Social Security Benefit Statement
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Tax season is approaching, and we have made replacing your annual Benefit Statement even easier. The Benefit Statement, also known as the SSA-1099 or the SSA-1042S, is a tax form we mail each year in January to people who receive Social Security benefits. It shows the total amount of benefits you received from us in […]
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Social Security When You Are Self-Employed
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Most people who pay into Social Security work for an employer. Their employer deducts Social Security taxes from their paycheck, matches that contribution, sends taxes to the Internal Revenue Service (IRS), and reports wages to Social Security. However, self-employed people must report their earnings and pay their Social Security taxes directly to the IRS. These […]
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1 Month Until Tax Day. Social Security Can Help You Prepare!
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This year the tax return filing deadline, or Tax Day, falls on April 17. Individual income tax returns are due to federal and state governments. Social Security can help you prepare: Did you find this Information helpful? Yes No Thanks for your feedback!
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Get a Replacement Social Security Tax Form Online With Ease
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It’s that time of year again. Preparing for tax season can seem overwhelming. Some forms and paperwork might be difficult to track down. If you misplaced your Benefits Statement or haven’t received it by the end of January, we’ve made it easy to go online to get a replacement with a personal my Social Security account. […]
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Your Contributions Make Our Nation Stronger
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At first, seeing taxes taken out of your paycheck can be a little disappointing. However, you can take pride in knowing you’re making an important impact each week when you contribute to Social Security. Understanding how important your contribution is takes some of the sting away because your taxes are helping millions of Americans — […]
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