Here is your to-do list if you tied the knot this year; I know…I know, like you really need another to-do list along with the holidays. But here it is anyway, oh and congratulations!
Notify the Social Security Administration (SSA)
If one of you has taken on a new name, report the change
It is important that your name and Social Security number
match on your tax return.
Notify the U.S. Postal Service
To ensure your mail, including mail from the IRS, is forwarded
to your new address, you’ll need to notify the
U.S. Postal Service. Submit a forwarding request online
at www.usps.com or visit your local post office.
Most post offices will not forward refund checks so be
sure the IRS has your correct address. Using electronic
Direct deposit for refunds can prevent them from being
delayed due to address mix-ups.
Notify the IRS If You Move
The IRS will automatically update your new address
upon filing your next tax return, but any notices the
IRS sends in the meantime may not get to you. The U.S.
Postal Service does not forward certain types of federal
is the official way to update the IRS of your address
Notify Your Employer
Report your name and/or address change to your
employer(s) to make sure you receive your Form W-2,
Wage and Tax Statement, after the end of the year.
Notify Financial Institutions
Financial institutions with which you do business need
to be notified to ensure that any Forms 1099 are sent to
the proper address. This would include banks and brokerage
firms, as well as employer-sponsored retirement
Check Your Withholding
If you both work, keep in mind that you and your
spouse’s combined income may move you into a higher
tax bracket. The IRS Withholding Calculator, available
at http://www.irs.gov, can help you determine whether you
need to give your employer(s) a new Form W-4, Employee’s
Withholding Allowance Certificate. Use the results to
fill out and print Form W-4 online and give it to your
Tell your Tax Professional
A big thank you goes out to the best tax reference company around, The Tax Book. I do believe my new reference book will be shipped out this week….yay. Among the many things on my to-do list before the end of the week, finding the live Christmas Tree for our home. Enjoy your day!
Filed under: Cheers, Filing, Forms, IRS, Tax Planning, Taxes, Taxpayer Education, Withholding Tagged: | Employment, IRS tax forms, Social Security Administration, Social Security number, U.S.Postal Service