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 Form 8959 2014

2014-2025 Form

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What is a W-9 tax form? What is a W-9 tax form?

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Video instructions and help with filling out and completing Form 8959

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Instructions and help about Form 8959

all right for this video I want to do a walkr of the IRS form 8959 and how to calculate your additional Medicare tax during the year so in our fact pattern our taxpayer here John Q Smith has wages in excess of $200,000 for the year so he needs to complete this form and calculate the extra Medicare tax now he also has some extra Social Security taxes withheld and so we'll discuss why that happened to who a little later when we get into the fact pattern but in this example we're going to have both the additional Medicare tax computation and some excess Social Security taxes withheld that need to be reflected on as 1040 so we've got the full 1040 here we'll go through those forms and all the other schedules we've also got the sample W2s so we've got the first W2 from employer number one and then we've got the second W2 from employer number two uh when John leaves employer number one to go take a new job Okay so we've got thos

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