Search found 7 matches

by CountingDown2014
Mon Jun 24, 2019 6:45 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security Withdrawal Request/SSA-1099 Question
Replies: 10
Views: 1031

Re: Social Security Withdrawal Request/SSA-1099 Question

Just an update - today out of the blue we received a second corrected SSA-1099 finally showing zero net benefits for 2018. At least I have the peace of mind knowing that when the IRS does audit our return for the discrepancy between the prior SSA-1099 and our return, we'll be able to provide this do...
by CountingDown2014
Wed Mar 27, 2019 8:08 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security Withdrawal Request/SSA-1099 Question
Replies: 10
Views: 1031

Re: Social Security Withdrawal Request/SSA-1099 Question

Yes, Jazzysoon, that is weird. But since the SSA person I was dealing with at the local office kept insisting that the corrected SSA-1099 would be coming from the IRS and not the SSA, it shouldn't surprise me. As I finalized our return for filing by Turbotax, it appears that there's no way to provid...
by CountingDown2014
Wed Mar 27, 2019 3:15 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security Withdrawal Request/SSA-1099 Question
Replies: 10
Views: 1031

Re: Social Security Withdrawal Request/SSA-1099 Question

Jazzysoon - The first letter the SSA sent in November 2018 said that if my spouse wanted to withdraw the SS claim, a check in the specified amount of benefits paid should be sent to the SSA in the envelope provided. And since that letter stated that "We can approve the withdrawal only if you re...
by CountingDown2014
Wed Mar 27, 2019 9:24 am
Forum: Personal Finance (Not Investing)
Topic: Social Security Withdrawal Request/SSA-1099 Question
Replies: 10
Views: 1031

Re: Social Security Withdrawal Request/SSA-1099 Question

Jazzysoon - I received two letters from the SSA. The first (received in November 2018) was in response to my spouse's withdrawal request and said the request could only be approved if all benefits in a certain dollar amount were repaid (which occurred in early December 2018). The second (received in...
by CountingDown2014
Wed Mar 27, 2019 8:40 am
Forum: Personal Finance (Not Investing)
Topic: Social Security Withdrawal Request/SSA-1099 Question
Replies: 10
Views: 1031

Re: Social Security Withdrawal Request/SSA-1099 Question

Thank you both for your responses. At this point I am inclined to file my taxes showing $0 net SS benefits and include an explanation of what happened as well as a copy of our check payable to the SSA dated 11/23/18 with the reverse side showing it was deposited by them on 12/3/18. The thing I find ...
by CountingDown2014
Tue Mar 26, 2019 7:56 am
Forum: Personal Finance (Not Investing)
Topic: Social Security Withdrawal Request/SSA-1099 Question
Replies: 10
Views: 1031

Social Security Withdrawal Request/SSA-1099 Question

My spouse started collecting SS retirement benefits in June 2018 but then we decided to withdraw the request in October 2018 and defer collecting these benefits until a later date. In November 2018 we received a letter from the SSA saying the withdrawal request could only be approved if all SS benef...
by CountingDown2014
Fri Jan 31, 2014 5:44 am
Forum: Personal Finance (Not Investing)
Topic: Need Help to Fix Botched Isolation of IRA Basis for Roth Con
Replies: 0
Views: 129

Need Help to Fix Botched Isolation of IRA Basis for Roth Con

In order to do a "backdoor" Roth IRA conversion, I mistakenly used my IRA basis from my 2012 return as a guide and forgot about the $6,500 2013 non-deductible IRA contribution I had made at the beginning of 2013. As a result, I have rolled $6500 too much into my 401k in January 2014. Does ...