When you apply for Social Security benefits, you can request to have federal income taxes withheld from your payments. However, if you’re already receiving benefits or want to make changes, the Social ...

There are some scenarios in which Social Security benefits are taxed. If Social Security payments were your only income for the year, then you will not be taxed by the IRS. However, if you have ...

Question: A man from Rock Island writes: ``My wife and I have income from a variety of sources and a significant tax liability each year. I understand that we can have federal income tax withheld from ...

A step-by-step guide to help you fill out a W-4 Nora Carol Photography / Getty Images IRS Form W-4 dictates how much money is withheld from your gross pay for taxes. Step 1 requires you to input ...

Forbes contributors publish independent expert analyses and insights. Admitted NY Bar and US Tax Court, covers US international tax law. Using the correct IRS form (W-9 for U.S. persons and W-8BEN for ...