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Who is exempt from backup withholding?
Anyone who properly reports their name and Social Security number while using the Form W-9, whose information matches IRS records, and those who have not been noticed by the IRS that they are exempt from backup withholding are exempt from backup withholding.
When can a person who is 56 and has been on social security disabled for ten years go on regular Social Security?
The person is on social security benefits at this time and has been since ten years ago.
What disabilities qualify for permanent Social Security?
There is no "list" of disabling conditions that qualify a person for Social Security benefits. And disabling conditions can vary from person to person, although it is true that mental disability is as legitimate as physical disability. The key to eligibility is determining whether an applicant has "qualifying earnings," paycheck withholding that has been paid into the Social Security fund.
Is Social Security in trouble?
Social Security has been in trouble for years and years, I will never see my money, this I know.
Is 603 a real social security number?
No social security numbers starting with 603 have been issued yet.
When your husband turns 66 and collects Social Security what percent of his will you receive if you have been collecting social security since you were 62?
If your husband starts collecting Social Security at age 66, you can receive up to 50% of his benefit amount if you claim spousal benefits. However, since you have been collecting Social Security since you were 62, your own benefit may affect the amount you receive as a spousal benefit. The actual percentage will depend on your individual benefits, but generally, you will receive the higher of your own benefit or the spousal benefit, not both.
Can someone use your social security to rent a house?
Yes, Social security can be used to rent a home. Social security once it has been approved whether disabled or retired is to be your source of funding your living expenses. You can even buy you a home with social security.
Why are social security payments late?
Social security payments have been late the last several months because the federal government is inefficient and punitive. Obama is upset that so many people oppose the HUGE deficits his administration has caused, so he has ordered the withholding or delay of vital services, while continuing to spend billions on non-essentials.
Are social security checks called federal benefit checks?
Social Security has been called a federal benefit payment since it was created in the 1930s. The term "federal benefits" applies to a large number of programs, including Social Security, Social Security Disability Insurance, Medicare, and others.
Social security overpayment?
If payments from Social Security have been more than designated, it should be reported. Eventually, the Agency will catch up and get the money back.
Do you get credit on your fed income tax for ss and medicare removed from your pay?
No. However, if you have wages that have been subject to FICA withholding your do not have to pay self-employment tax. SE Tax is 15% on all self-employment income. The FICA withholding from wages is only 7-1/2 percent for you and the employer pays the other 7-1/2 percent.
Can a homemaker who has not been employed for many years receive social security when age 63?
Social security amount depends upon how much was earned during a lifetime.
