Taxes
There’s Still Time! Claim Your 2021 Child Tax Credit
Reading Time: 1 Minute
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, […]
Continue reading "There’s Still Time! Claim Your 2021 Child Tax Credit" →Tags: Children, General Information
Tax Season: What To Know If You Get Social Security or Supplemental Security Income
Reading Time: 1 Minute
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 […]
Continue reading "Tax Season: What To Know If You Get Social Security or Supplemental Security Income" →Tags: General Information, my Social Security, my Social Security account, Social Security benefits
How the Saver’s Credit Can Help You Save for Retirement
Reading Time: 2 Minutes
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 […]
Continue reading "How the Saver’s Credit Can Help You Save for Retirement" →Tags: General Information, retirement
Get Your Social Security Benefit Statement
Reading Time: 1 Minute
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 […]
Continue reading "Get Your Social Security Benefit Statement" →
Get Your Social Security Benefit Statement (SSA-1099)
Reading Time: 1 Minute
Now that it’s tax season, you might be gathering all of your forms and documentation from the previous year. Sometimes getting all that material together — receipts for donations, business expenses, and travel — can be overwhelming. And losing one vital piece can take up time that you might not be able to spare. The […]
Continue reading "Get Your Social Security Benefit Statement (SSA-1099)" →
Get Your Social Security Benefit Statement (SSA-1099)
Reading Time: 1 Minute
Tax season is approaching, and Social Security has made replacing your annual Benefit Statement even easier. The Benefit Statement is also known as the SSA-1099 or the SSA-1042S. Now you can get a copy of your 1099 anytime and anywhere you want using our online services. A Social Security 1099 is a tax form Social […]
Continue reading "Get Your Social Security Benefit Statement (SSA-1099)" →
Social Security When You Are Self-Employed
Reading Time: 1 Minute
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 […]
Continue reading "Social Security When You Are Self-Employed" →Tags: Social Security benefits
1 Month Until Tax Day. Social Security Can Help You Prepare!
Reading Time: 1 Minute
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!
Continue reading "1 Month Until Tax Day. Social Security Can Help You Prepare!" →
Get a Replacement Social Security Tax Form Online With Ease
Reading Time: 1 Minute
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. […]
Continue reading "Get a Replacement Social Security Tax Form Online With Ease" →
Your Contributions Make Our Nation Stronger
Reading Time: 1 Minute
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 — […]
Continue reading "Your Contributions Make Our Nation Stronger" →Tags: FICA, retirement benefits, Social Security taxes, survivors benefits
