What document does Connie receive showing her Social Security benefits?

Study for the 43-Hour Federal Qualifying Education Test. Engage with flashcards and multiple-choice questions, each with hints and explanations. Prepare thoroughly for your exam!

Connie receives Form SSA-1099 to show her Social Security benefits because this form is specifically designed to report the total amount of Social Security benefits received during the year. It is issued by the Social Security Administration (SSA) and serves as an important document for tax purposes, indicating how much of the benefits are taxable.

Form W-2 is used by employers to report wages and salary earned by employees, while Form 1099-R relates to distributions from pensions, annuities, retirement or profit-sharing plans, IRAs, etc. Form 1040, on the other hand, is the standard individual income tax return form used for reporting income and calculating taxes owed to the IRS. None of these forms directly reflect the amount of Social Security benefits received, making Form SSA-1099 the correct choice for this scenario.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy