Q & A

I work part time as an employee and receive a W-2 for those wages, plus I have separate self-employment earnings that I pay taxes on each year. Only the W-2 wages appear on my most recent Social Security statement. Since I have been paying self-employment taxes, how do I fix this to include my self-employment?

Answer: Most people who pay into Social Security work for an employer. Their employer deducts Social Security taxes from their paycheck, matches that contribution, sends taxes to the IRS, and reports wages to Social Security. If registered for Social Security Administration’s Business Services, employers can verify employee Social Security numbers online and report W-2 wage information electronically. Read more…

Source:  www.grandforksherald.com, August 8, 2015

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