Tax Season & Social Security
Posted on February 28, 2015 by bob in Social Security
You’ll soon be joining the millions of taxpayers gathering the forms they need to file their federal, state, and local tax returns.
If you receive Social Security benefits, one of the forms you may need is your Social Security Benefit Statement, SSA-1099/1042S.
Social Security mails these forms to all beneficiaries on or before January 31. If you have not received yours by now — or if you cannot find the one that was mailed to you — there’s a new way to get instant access to a printable SSA-1099/1042S to help you complete your tax return: with an online my Social Security account.
You will need to pay federal taxes on some of your benefits if your total income, including Social Security and all of your other taxable income, is $25,000 or more, and you file federal taxes as an individual. Married couples filing joint returns need to pay federal taxes on income of $32,000 or more.
To get an instant replacement SSA-1099/1042S go online to My Social Security at www.socialsecurity.gov/myaccount and select “Replacement Documents.” You can view, print, and save the forms immediately!
If you don’t already have a My Social Security account, opening one is quick, safe and easy. It only takes a few minutes. In addition to getting an instant replacement SSA-1099/1042S, you can get a benefit verification letter, change your address, telephone number, start or change direct deposit information, and get your Social Security earnings record from the convenience of your home. Simply go to www.socialsecurity.gov/myaccount.
Kylle’ McKinney, SSA Public Affairs Specialist, can be reached in Montgomery at 866-593-0914, ext. 26265, or by e-mail at kylle.mckinney@ssa.gov.
