Instructions for Form 8959 (2020)Internal Revenue ServiceInstructions for Form 8959 (2020)Internal Revenue ServiceInstructions for Form 8959 (2020)Internal Revenue ServiceInstructions for Form 8959 (2020)Internal Revenue Service-2026

See details

4.9 out of 5

26 votes

The document provides instructions for Form 8959, which is used to calculate the Additional Medicare Tax owed by individuals based on their Medicare wages, RRTA compensation, and self-employment income exceeding specified thresholds. It outlines who must file the form, details on withholding requirements by employers, and examples to illustrate how to determine tax liability. The document also includes information on future developments, reminders about Form W-2, and guidance for estimated tax payments.

Here's how it works

01. Edit your form 8959 online

Type text, add images, blackout confidential details, add comments, highlights and more.

02. Sign it in a few clicks

Draw your signature, type it, upload its image, or use your mobile device as a signature pad.

03. Share your form with others

Send form 8959 instructions via email, link, or fax. You can also download it, export it or print it out.

How to Use or Fill Out Instructions for Form 8959 (2020) with Our Platform

Ease of Setup

DocHub User Ratings on G2

Ease of Use

DocHub User Ratings on G2

Click 'Get Form' to open it in the editor.
Begin by entering your name and social security number as they appear on your tax return. Ensure accuracy to avoid processing delays.
In Part I, report your Medicare wages from Form W-2. If you have multiple W-2s, sum the amounts from box 5 and include your spouse's if filing jointly.
Proceed to Part II if you have self-employment income. Enter this amount from Schedule SE, ensuring to combine figures if applicable.
For Part III, input any RRTA compensation reported on Form W-2, box 14. Again, total amounts if you have more than one W-2.
Finally, complete Part V to reconcile any Additional Medicare Tax withheld by your employer. Attach the completed form to your tax return.

Start using our platform today for free and streamline your form completion process!

See more Instructions for Form 8959 (2020)Internal Revenue ServiceInstructions for Form 8959 (2020)Internal Revenue ServiceInstructions for Form 8959 (2020)Internal Revenue ServiceInstructions for Form 8959 (2020)Internal Revenue Service versions

We've got more versions of the Instructions for Form 8959 (2020)Internal Revenue ServiceInstructions for Form 8959 (2020)Internal Revenue ServiceInstructions for Form 8959 (2020)Internal Revenue ServiceInstructions for Form 8959 (2020)Internal Revenue Service form. Select the right Instructions for Form 8959 (2020)Internal Revenue ServiceInstructions for Form 8959 (2020)Internal Revenue ServiceInstructions for Form 8959 (2020)Internal Revenue ServiceInstructions for Form 8959 (2020)Internal Revenue Service version from the list and start editing it straight away!

Versions	Form popularity	Fillable & printable
2023	4.8 Satisfied (32 Votes)
2022	4.9 Satisfied (26 Votes)
2021	4.8 Satisfied (150 Votes)
2015	4 Satisfied (24 Votes)

be ready to get more

Complete this form in 5 minutes or less

Get form

Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

Who needs to fill out form 8959?

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.

When to pay additional Medicare tax?

Your employer will begin withholding the additional Medicare tax once your wages docHub a certain amount. Your filing status isnt important for this. Withholding starts when your wages and other compensation are more than $200,000 for the year.

What is the Medicare tax for 8959?

Form 8959 - Additional Medicare Tax Reconcile Against Form W-2. How can we help? The Additional Medicare Tax is an additional (0.9%) tax to wages, compensation, and self-employment income, if an individuals income exceeds the threshold amount for their individual filing status.

How to fill out form 8888 irs?

Preparing Form 8888 Youll need to enter each account and routing number and indicate whether its designated as a checking or savings account. To the right of each account, you must specify the portion of your tax refund that the IRS should deposit to that account.

Try more PDF tools