Get Draft Form 8959 - Internal Revenue Service - Irs

This guide provides a comprehensive overview of how to accurately fill out the Draft Form 8959—Internal Revenue Service for Additional Medicare Tax online. By following these steps, users can navigate the form efficiently, ensuring all necessary information is correctly entered.

Follow the steps to complete the Draft Form 8959 online.

1. Press the ‘Get Form’ button to access the Draft Form 8959 in your online document editor.
2. Begin with Part I where you will enter your name(s) as shown on your tax return.
3. In Part II, report your Medicare wages and tips from all Forms W-2. If you have multiple W-2s, total the amounts.
4. For each filing status (Married filing jointly, Married filing separately, Single, Head of household, or Qualifying widow(er)), enter the threshold amounts as indicated.
5. Calculate the Additional Medicare Tax by subtracting the threshold from your total Medicare wages and multiplying the result by 0.9%.
6. Continue to Part III to report your self-employment income or other relevant amounts accordingly.
7. In the final sections, add all calculated taxes where prompted and ensure all entries are accurate.
8. Once all fields are completed, save changes, and choose to download, print, or share the form as needed.

Complete your Draft Form 8959 online today for a seamless tax filing experience.