Get Form 8919

Upper-case (capital) letters in Box 12 stand for different things: A and B: Uncollected social security and Medicare tax on tips. This. amount represents the social security and Medicare tax on the tips you reported to your employer.

Box 12 codes A: Uncollected social security or RRTA tax on tips reported to your employer. AA: Designated Roth contributions under a section 401(k) plan. B: Uncollected Medicare tax on tips reported to your employer (but not Additional Medicare Tax) BB: Designated Roth contributions under a section 403(b) plan.

If an employer could not collect all the Social Security tax, Medicare tax, or Railroad Retirement tax on either tips or the taxable cost of group term life insurance, the uncollected taxes will be shown in Box 12 of Form W-2 with codes A, B, M, or N as follows: Code A - Uncollected Social Security or RRTA tax on tips.

A - Uncollected social security or RRTA tax on tips. You'll have an amount here if you had tips and your employer didn't withhold social security tax on the tips. ... You'll have an amount here if you had tips and your employer didn't withhold medicare tax on the tips.

Use Form 8919 to figure and report your share of the uncollected social security and Medicare taxes due on your compensation if you were an employee but were treated as an independent contractor by your employer. By filing this form, your social security earnings will be credited to your social security record.

Search for "8919" and then click the jump to "8919" link (if you are just logging into your account, make sure you click the Take Me to My Return button before performing the search). You will get sent to the Other Wages Received Page. You will click Yes and proceed until you get to Any Other Earned Income.

The employer includes these tips as income for purposes of calculating and collecting taxes. For those whose income is derived largely from tips, there may be times when the employee's income from hourly wages is less than the amount that needs to be deducted for taxes. This can result in uncollected Medicare taxes.

A. Any uncollected Social Security tax or Railroad Retirement Tax Act (RRTA) tax on tips. ... B. Any uncollected Medicare tax on tips. ... C. If you had group term life insurance through your workplace, the premiums for any value over $50,000 become taxable income to you and are included here. ... D. ... E. ... F. ... G. ... H.

Your employment status has a significant impact on the employment tax you pay and on the amount that an employer pays on your behalf. When an employee is misclassified as an independent contractor, discrepancies arise with Social Security and Medicare taxes. That's usually where Form 8919 comes in.

A - Uncollected social security or RRTA tax on tips. You'll have an amount here if you had tips and your employer didn't withhold social security tax on the tips. ... You'll have an amount here if you had tips and your employer didn't withhold medicare tax on the tips.

Foreign students and educational professionals in the U.S. on a temporary basis don't have to pay Social Security taxes. Nonresidents working in the U.S. for a foreign government are exempt from paying Social Security taxes on their salaries. Their families and domestic workers can also qualify for the exemption.

When filing a tax return, the worker uses Form 8919 to calculate and report the employee's share of uncollected Social Security and Medicare taxes due on their compensation. The result: Workers can file and treat their income as wages and pay only their half of the Social Security and Medicare taxes.