If submitting this W-9 as an individual, you should enter the name shown on your tax return. If you have changed your last name without informing the Social Security Administration (SSA), enter your first name, the last name as shown on your Social Security card and your new last name. ...
Box 6:Tells if the recipient is the designated beneficiary (the student) or someone else. Learn more about the taxation ofcollege savings plans. Form 1099-S Form 1099-S shows proceeds from real estate transactions. If you receive Form 1099-S for the sale of your main home, and you don’...
Understand the IRS 1099 Form: Discover its purpose, who receives it, how to fix mistakes, the different types of 1099 forms, and why e-filing makes managing them easier.
Form SSA-1099 is also known as a Social Security Benefit Statement. This shows the total benefits you received from the Social Security Administration in the previous year. Take the stress out of sales tax with Shopify Tax With Shopify Tax, you can oversee your current sales tax obligations fr...
Boxes 5-6:Box 5 details how much pay is subject toMedicaretax and Box 6 how much was withheld. The employee portion of the Medicare tax is 1.45%.3 Boxes 7-8:If any income is in the form of tips, these boxes show how much was reported and subject to tax. ...
If you received more than oneForm RRB-1042S or Form SSA-1042S for 2013, a negative figure in Box 5 of oneform can be used to offset a positive figure in Box 5 of another form. To see if anypart of the SSEB is taxable, refer to IRS Publication 915, Social Security and Equivalent...
Box 3 - Social security wages: This is the amount of money subject to social security withholding. For most people, it is the same amount as Box 1. Box 4 - Social security tax withheld: This is the amount of money that the employer paid to SSA on behalf of the employee. ...
Box 4: Social Security Tax Withheld — Total calendar year employee social security tax withheld, including social security tax on tips. Box 5: Medicare Wages and Tips — Total calendar year employee wages and tips subject to Medicare tax. Box 6: Medicare Tax Withheld — Total calendar year ...
Box 4 — Social Security Tax Withheld The same concept applies here as box 2. Be sure to only include the amount paid by your employee, not your share. Generally, employers split Social Security and Medicare taxes owed (box 6) 50/50 with the employee. ...
Line 5Enter your address (number, street, and apartment or suite number). Th\is is where the requester of this Form W-9 will mail your information returns.Line 6Enter your city, state, and ZIP code.Part I. Taxpayer Identification Number (TIN)Enter your TIN in the appropriate box. If ...