Get Irs 8959 - Instructions 2024-2025

Filling out Form 8959 is essential for calculating the Additional Medicare Tax owed, based on your earnings and filing status. This guide provides a step-by-step approach to help you complete the form accurately and efficiently online.

Follow the steps to fill out the IRS 8959 - Instructions correctly.

1. Press the ‘Get Form’ button to access the form and open it for editing.
2. Review your personal information. Enter your name and social security number as they appear on your tax return. If filing jointly, include your partner’s name and their social security number.
3. If you had Medicare wages, complete Part I. Enter your Medicare wages and tips from Form W-2 in Line 1. Make sure to total any amounts across multiple Forms W-2 if applicable.
4. Continue with Line 2 by entering any unreported tips from Form 4137. If filing jointly, include your partner's amounts as well.
5. For Line 3, include wages from Form 8919, if applicable. Total these amounts if you have multiple Forms 8919.
6. Calculate your Additional Medicare Tax by multiplying the total from Line 6 (the sum of Lines 1, 2, and 3) by 0.9% (0.009) and enter this amount on Line 7.
7. If you have self-employment income, proceed to Part II and enter the amounts from Schedule SE on Lines 8 through 12. Use the same calculation process to find the Additional Medicare Tax for self-employment in Line 13.
8. Skip to Part III if you have RRTA compensation, and complete Lines 14 and 17 similarly to calculate Additional Medicare Tax.
9. In Part IV, include the total Additional Medicare Tax from prior sections and any amounts withheld on Lines 18 through 24. Make sure to sum amounts for both your and your partner's Withholding, if applicable.
10. Finally, review all provided information, make necessary corrections, then save your changes. Once completed, you can download, print, or share the form as needed.

Complete IRS 8959 online today to ensure your Additional Medicare Tax calculations are accurate.