Your employer will base your tax withholding on this information. Step 1 also asks for your name, address, Social Security number, and whether your name matches the name on your Social Security card.

Managing your tax liability effectively during retirement is important, especially since up to 85% of Social Security benefits can be taxed depending on your income. So, how can you avoid the ...

Tax season is here, and we’ve made replacing your annual Benefit Statement easier. There’s no need to wait on the phone or ...

The earnings limit for 2025 is $23,400 and if you earn more than the annual limit, SS will take away $1 in benefits for every ...

W-4 Form: Extra Withholding, Exemptions ... Retirement Taxes Several states don’t tax Social Security benefits, 401(k)s, IRAs, and pensions. But you may still have to pay state taxes on some ...

Wood is a tax lawyer focusing on taxes and litigation. This “backup withholding ... refusing to hand over a Form W-9. Forms 1099 allow computer matching of Social Security numbers and dollar ...

"Consider utilizing withholding adjustments by completing a Form W-4 with each employer,” Carpenito said. “This allows you to control the amount withheld for Social Security tax. However ...

Your employer needs your Social Security number so that ... Employees must fill out W-4 forms to comply with IRS requirements ...