Welcome Guest. Register Now!  


For 2014 Tax Tips For Year 2014.


Reply
 
LinkBack Thread Tools Search this Thread Display Modes
  #1 (permalink)  
Old 01-07-2015, 05:16 PM
Junior Member
 
Join Date: Jan 2015
Posts: 1
Business Loss, does that change wife's ss withholdings?

So I have a new loss for my business this year. Sad day

My wife, lets say she makes 40k a year, works a regular job and paid social security all year. When we fill married jointly, out combined income will be under 40k. Did she overpay on SS and Medicare. If so how do I go about filing this correctly?



Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit! stumble!bookmark in google!Share on Facebook!
Reply With Quote
Ads
Reply


Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Loss on sale of business vehicle Convergent5829 S-Corporation 2 03-06-2014 02:05 PM
Sale of business - S Corp - loss and loan Sammie S-Corporation 1 02-14-2014 01:32 AM
change 1099 to wife [email protected] Income 1 12-13-2013 04:53 PM
Can a husband and wife operate a business as a sole proprietorship or do they need to be a partnership? TaxGuru Miscellaneous 0 02-05-2013 04:23 PM
loss from former partnership business eastvillage Itemized Deductions 1 01-04-2008 02:56 AM

Follow us on Facebook Follow us on Twitter Google Buzz Rss Feeds

» Categories
 
Individual
 » Income
 » IRA/Sep
 » Medical
 
Corporations
 » Payroll
 
Forum for CPAs
 
Financial Planning