Tax Season is Here!
Date:
Dear Colleague,
Tax season is officially underway! By now, your clients should have received the necessary forms and documentation to file a complete and accurate tax return. The Social Security Benefit Statement, also known as the SSA-1099 or SSA-1042S, is a tax form we mail each year in January to people who receive Social Security benefits. It shows the total amount of benefits your clients received from us in the previous year, so they know how much Social Security income to report to the Internal Revenue Service (IRS) on their tax return.
If a client misplaces their Benefit Statement, they can instantly get a replacement form with a personal my Social Security account. Replacement tax forms for the previous tax year are typically available starting February 1 of each year.
To further assist your clients, the IRS Help webpage offers a wide range of resources that can simplify the tax preparation process. Individuals with a Social Security number or Individual Taxpayer Identification Number (ITIN) can create or securely access their Individual Online Account to get the latest information about their federal tax account and take actions to support their tax filing experience and protect their tax-related information. They can also use the Interactive Tax Assistant Tool get answers to common tax questions and determine if their Social Security benefits are taxable. Additionally, the IRS offers free online and in-person tax preparation options for eligible taxpayers through IRS Free File, IRS Direct File, Volunteer Income Tax Assistance (VITA) and Tax Counseling for the Elderly (TCE) programs. To locate a VITA or TCE site, your clients can use the VITA Locator Tool call
Visit our Information for Tax Preparers to learn more.
Please share this information with your members, colleagues, affiliates, and other interested parties.
Sincerely,
Office of Strategic and Digital Communications
OEA.Net.Post@ssa.gov