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Replace SNN Field into the 12 Month Income Statement

Replace SNN Field into the 12 Month Income Statement

Aug 6th, 2022

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How to Replace SNN Field into the 12 Month Income Statement

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The standard financial statements in Sage 50 include a report called the Standard Income 12 Period, which breaks down the current fiscal year by month. However, it only allows viewing for the current period, with no option to select a different date range or run reports for closed years. To enable this functionality, users can create a custom financial statement by clicking the save button while viewing the report and assigning it a new name, which then appears in the report list. This way, users can easily access and analyze previous fiscal periods.

Got questions?

Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.

How do I get a replacement Social Security year end statement?

If you have questions or need help understanding how to request your replacement SSA-1099 or SSA-1042S online, call our toll-free number at 1-800-772-1213 or visit your Social Security office.

What is a Social Security statement for income tax?

An SSA-1099 is a tax form we mail each year in January to people who receive Social Security benefits. It shows the total amount of benefits you received from us in the previous year so you know how much Social Security income to report to the Internal Revenue Service on your tax return.

How do I get a replacement Social Security income statement?

If you would like to receive your Social Security Statement by mail, please print and complete a Request For Social Security Statement (Form SSA-7004) and mail it to the address provided on the form. You should receive your paper Social Security Statement in the mail in four to six weeks.

How does Social Security work?

Social Security replaces a percentage of a workers pre-retirement income based on your lifetime earnings. The amount of your average wages that Social Security retirement benefits replaces depends on your earnings and when you choose to start benefits.

What is 1099 SA tax form?

File Form 1099-SA, Distributions From an HSA, Archer MSA, or Medicare Advantage MSA, to report distributions made from a health savings account (HSA), Archer medical savings account (Archer MSA), or Medicare Advantage MSA (MA MSA).

What of income does Social Security replace?

For someone who worked all of their adult life at average earnings and retires at age 65 in 2022, Social Security benefits replace about 37 percent of past earnings.

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