What do you do if Social security was not taken out of your check?

Answer 1

If you are an employee and you have an employer you will NOT have any amounts withheld out of your net take home paycheck.

You NEVER do have any deductions for federal taxes or other items from your net take home paycheck when it is issued to you. The net amount that is on the paycheck that you have in your hand is your net pay for the pay period after all of the federal taxes and other necessary withholding amounts have been withheld from your gross earnings by your employer payroll department.

You should get the information from your employer payroll department if you really need to know the correct numbers or amount that should be deducted from your gross earnings not from your paycheck.

It is possible that the one that is paying you is treating you as a self employed taxpayer (independent contractor) and will be issuing you a 1099-MISC at the end of the tax year for your business operation. If that is what is going on and it is not correct then you may have to contact your local IRS for some assistance with this matter.

Go to the IRS gov website and use the search box for Form SS-8

If, after reviewing the three categories of evidence, it is still unclear whether a worker is an employee or an independent contractor, Form SS-8, Determination of Worker Status for Purposes of Federal Employment Taxes and Income Tax Withholding (PDF) can be filed with the IRS. The form may be filed by either the business or the worker. The IRS will review the facts and circumstances and officially determine the worker's status.

Be aware that it can take at least six months to get a determination, but a business that continually hires the same types of workers to perform particular services may want to consider filing the Form SS-8 (PDF).

The information that is on the 1099-MISC is used to report the income that you received during the year using the 1040 income tax return and if the amount from the 1099-MISC is in box 7 nonemployee compensation then you are a self employed taxpayer.

You will need to report that income, and any related expenses, on Form 1040, Schedule C, Profit or Loss from Business, or you may qualify to use Form 1040, Schedule C-EZ, TO determine your Net Profit from Business. You will also need to use Form 1040, Schedule SE, Self-Employment Tax to compute and report your social security and Medicare tax.

For instructions and forms go to the IRS gov website and use the search box for publication 334 a very good place to start with examples

Publication 463 Travel, Entertainment, Gift, and Car Expenses

Use the search box at the IRS gov website for Small Business and Self-Employed Tax Center

Filing Season Central is your one stop assistance center for filing your business returns. This includes Highlights of Tax Law Changes, Tax Tips, and more.

2 of the seven tax tips for starting a business enclosed below.

#4 Good records will help you ensure successful operation of your new business. You may choose any record keeping system suited to your business that clearly shows your income and expenses. Except in a few cases, the law does not require any special kind of records. However, the business you are in affects the type of records you need to keep for federal tax purposes.

#7. Visit the Business section of IRS gov for resources to assist entrepreneurs with starting and operating a new business. Go to the IRS gov website and use the search box for the below referenced material

*Starting A Business

*Operating A Business

*Closing A Business

*Publication 4591, Small Business Federal Tax Responsibilities (PDF 470.1K)

For more detailed information go to the IRS gov website and use the search box and type Publication 583, Starting a Business and Keeping Records.

The following are some of the types of records you should keep:

*.Gross receipts are the income you receive from your business. You should keep supporting documents that show the amounts and sources of your gross receipts. Documents for gross receipts include the following:

*. Cash register tapes

*. Bank deposit slips

*. Receipt books

*. Invoices

*. Credit card charge slips

*. Forms 1099-MISC

and more information is available below