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This is not an IRS form. SSA-25 is a form from the Social Security Administration that allows a spouse who is at least 62 years old, but has not yet reached full retirement age, to receive Social Security benefits based on the other spouse's income. Choosing to receive retirement benefits early results in a permanent reduction of the monthly payment, even after that person reaches full retirement age. Once the form is completed and signed, the spouse is bound by the terms of the agreement.
The benefit reduction is calculated according to a formula noted in the SSA explanation, below.
Form SSA-25 (01-2010) EF (01-2010) Certificate of Election for Reduced Spouse's Benefits
"A spouse's insurance benefit may be payable for months between age 62 and full retirement age (FRA), even if you do not have in your care a child of the worker under age 16 or disabled entitled to a child's insurance benefit.
"Choosing to receive spouse's insurance benefits before FRA will result in a permanent reduction in your monthly benefits. Since such benefit will be at a permanently reduced rate and will continue at a permanently reduced rate even after FRA, the law requires that we obtain a certificate of election if you wish to receive the permanently reduced benefit.
"The amount of the reduction is 25/36 of 1 percent for each of the first 36 months from the start of the permanently reduced benefits to, but not including, the month you reach FRA.
"The reduction is 5/12 of 1 percent for each such month in excess of 36. In addition, if another beneficiary(ies) other than the wage earner (e.g., a student child beneficiary) is entitled to a monthly benefit on this Social Security number, election for a reduced spouse's benefit may cause a reduction in total monthly benefits. These reduced benefits may be paid for as many as 12 months before the month this certificate is filed. No reduced spouse's benefit may begin before the month you are 62. If you are eligible for retirement insurance benefits in the month this certificate takes effect, you will be considered to have applied for them."
What else can I help you with?
How can I request a 1099 form from Social Security?
To request a 1099 form from Social Security, you can contact the Social Security Administration either online through their website, by phone, or by visiting a local Social Security office. The 1099 form is used to report your Social Security benefits for tax purposes.
do i have to use form 1040a if i am receiving social security?
do i have to use form 1040a if i am receiving social security?
How can I obtain a 1099 form from Social Security?
To obtain a 1099 form from Social Security, you can request it online through the Social Security Administration's website, visit a local Social Security office, or call their toll-free number to have the form mailed to you.
How to get a 1099 form from Social Security?
To get a 1099 form from Social Security, you can request it online through the Social Security Administration website, by calling their toll-free number, or by visiting your local Social Security office. This form shows the amount of benefits you received from Social Security in the previous year, which you will need for tax purposes.
What is the full form of SSA in the term SSA Gov?
The SSA, or the Social Security Administration, asks people to fill out a form to apply for social security. the 1099 form for social security is for tax purposes to make sure one pays their social security tax.
How is a social security form filled out?
A social security form is filled out by filling out the appropriate questions. These questions include your full name, date of birth, place of birth, your address and your social security number.
How can I obtain my form SSA-1099?
You can obtain your form SSA-1099 by logging into your Social Security account online, contacting the Social Security Administration by phone, or visiting your local Social Security office. This form shows the amount of Social Security benefits you received in the previous year.
What form do Social Security recipients get at tax time other than a W-2?
Social security recipients do not get a W-2 form. At tax time recipiants should receive a Form SSA-1099 for Social Security benefits paid.
What is form 491 tax form?
A form for employers to file their social security taxes.
What form do social security recipients get at tax timeother than the w 2?
Social security recipents get a 1099 at tax time.
What is SSA 7005?
Social Security Administration form 7005
How can I obtain my deceased parent's Social Security number?
To obtain your deceased parent's Social Security number, you can request a copy of their Social Security Administration (SSA) record by submitting a form called "Request for Deceased Individual's Social Security Record" (Form SSA-711). You will need to provide proof of death and your relationship to the deceased parent.
