Dallas, TX -- (SBWIRE) -- 05/29/2015 -- Nick Nemeth, a tax attorney in the Dallas-Fort Worth area, has announced the publication of an article that discusses the issue of taxes and Social Security benefits. According to Nemeth "Social Security benefits can lead to tax problems for the individual if a portion of these benefits are taxable and the tax is not paid." As an experienced tax lawyer and taxpayer advocate Nick Nemeth has seen what the IRS disputes. Disputes can cause tax issues for someone who receives SSA benefits. Some of the tips included in the published article cover the base income amounts set by the IRS according to filing status.
Rules regarding tax on Social Security benefits can be extremely confusing for taxpayers. The newly published article was written to educate these individuals. Many taxpayers who receive benefits from the Social Security Administration may not realize that some of their benefits may be taxed if they receive other income. Form SSA-1099 should be mailed out to every individual who received SSA benefits during the year. This form shows the total amount of benefits received during the year.
The IRS also offers Free File to make it easier for taxpayers to electronically file. Paperless filing is offered by the IRS at no charge. Taxpayers with less than $60,000 in income can use brand software programs that walk the taxpayer through every step of the process in preparing a tax return. These programs even handle all of the calculations. Taxpayers who make more than $60,000 can still Free File but these individuals must use electronic fill in forms that do not guide the taxpayer through the process. Both methods can be accessed by going to IRS.gov and following the links to Free File.
The latest article published tax lawyer Nick Nemeth explains a fast and easy way to calculate whether the taxpayer will owe taxes on the Social Security benefits received. Adding one half of the SSA benefit total for the year to all other income received, then comparing this amount to the base amount for the taxpayer's filing status can show whether any benefits are taxable.
To learn more about The Law Office of Nick Nemeth, please visit http://www.myirsteam.com
About Nick Nemeth
The Law Offices of Nick Nemeth focus solely on IRS tax problems and one of the most common reasons clients come to Nemeth is for delinquent tax returns. With over 15 years experience as a lawyer, Nick Nemeth is a best-selling author who focuses on helping both individuals and businesses overcome the stress and devastation of their tax problems. At his boutique tax law firm located in the Dallas/Fort Worth area, solving IRS problems goes beyond saving his clients' money.
The Law Offices of Nick Nemeth
4100 Alpha Rd., Ste 915,
Dallas TX 75244