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Social Security Tax Reporting Question
Old 10-12-2019, 11:51 AM   #1
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Social Security Tax Reporting Question

My wife and just starting collection SS this year with a 12% tax witholding (Federal). At the end of the year do we get some type of form that reflects this that I turn over to my tax preparer?
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Old 10-12-2019, 11:53 AM   #2
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My wife and just starting collection SS this year with a 12% tax witholding (Federal). At the end of the year do we get some type of form that reflects this that I turn over to my tax preparer?
Yes. You will each get a form 1099 from SS.
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Old 10-12-2019, 12:15 PM   #3
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Yes. You will each get a form 1099 from SS.
It looks like this, You report the amount in box 5
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File Type: jpg ssa1099.JPG (91.0 KB, 38 views)
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Old 10-12-2019, 06:28 PM   #4
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And I've heard that these forms tend to get thrown away - I guess because they don't look like tax forms, or because they are associated with SS? You can get a replacement but it's hassle and time.

Anyway, I believe they're mailed out in January every year, so keep an eye out for them then.
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Old Yesterday, 07:44 AM   #5
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And I've heard that these forms tend to get thrown away - I guess because they don't look like tax forms, or because they are associated with SS? You can get a replacement but it's hassle and time.

Anyway, I believe they're mailed out in January every year, so keep an eye out for them then.
+1, I do taxes and that is the biggest hold up for filing as many people say "oh I never got one of those" when they actually threw them in the garbage.

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