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  • Irs 8959 2024

Get Irs 8959 2024-2025

, 1040-NR, or 1040-SS. Go to www.irs.gov/Form8959 for instructions and the latest information. Name(s) shown on return Part I 1 2 3 4 5 6 7 9 10 11 12 13 14 15 16 17 20 21 22 23 24 Additional Medicare Tax on Railroad Retirement Tax Act (RRTA) Compensation 6 7 12 13 16 17 Total Additional Medicare Tax Add lines 7, 13, and 17. Also include this amount on Schedule 2 (Form 1040), line 11 (Form 1040-SS filers, see instructions), and go to Part V . . . . . . . . . . . . . . . . . . . . .

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Related content

About Form 8959, Additional Medicare Tax
May 22, 2024 — Use this form to figure: the amount of additional Medicare tax you owe...
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2024 Form 1040-ES
Dec 7, 2023 — Use Form 1040-ES to figure and pay your estimated tax for 2024. Estimated...
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2017 Publication 517
Dec 29, 2017 — For more information, see Form. 8959, Additional Medicare Tax, and its...
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You should file Form 8959 if your Medicare or RRTA wages exceed $200,000 for single filers or $250,000 for joint filers. You should file Form 8959 if your self-employment earnings plus wages or RRTA income exceed the threshold amount for a particular filing status as shown on Form 8959.

An individual will owe Additional Medicare Tax on wages, compensation and self-employment income (and that of the individual's spouse if married filing jointly) that exceed the applicable threshold for the individual's filing status.

The Form 8889-T is generated because of the HSA on your W-2. You can still use your HSA for Medical Expenses, you just can't deduct it. You may have an 'excess contribution' which you can withdraw by April 15, 2021.

On the menu bar on the left. Select Tax Tools. On the drop-down select Tools. On the Pop-Up menu select Delete a Form. This will give you all of the forms in your return. Scroll down to the form you want to delete. Select the Form 8889-T. Click on Delete.

There's no wage-based limit for Medicare tax. All covered wages are subject to Medicare tax. If you receive wages over $200,000 a year, your employer must withhold a . 9% additional Medicare tax.

When should you file a Form 8959? You should file form 8959 if one or more conditions are met as follows: Medicare wages and tips are greater than $200,000. Retirement income (RRTA) compensation is greater than $200,000.

The Form 8995 is required when you are reporting QBI income somewhere on your tax return. You do not enter this deduction, it is automatically calculated by TurboTax based on your other entries.

Form 8959 is used to calculate how much additional Medicare tax you may owe, depending on the type of income you earn. You should file Form 8959 if your Medicare or RRTA wages exceed $200,000 for single filers or $250,000 for joint filers.

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© Copyright 1997-2025
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232