General Information UK HOtelsThe following discussions contain general information on socialsecurity benefits and coverage, social security numbers, estimatedtax, and the self-employment tax (SE tax) deduction. Social security coverage.Your payments of SE tax contributeto your coverage under the social security system. Social securitycoverage provides you with retirement benefits, disability benefits,survivor benefits, and hospital insurance (Medicare) benefits. Socialsecurity benefits are available to self-employed persons just as theyare to wage earners. Caution: By not reporting all of your self-employment income, you couldcause your social security benefits to be lower when you retire. Who is insured under social security.You must be insured under the social security system before youbegin receiving social security benefits. You are insured if you havethe required number of credits (also called quarters of coverage,discussed next). Credits.For 1999, you received one credit for each $740 ($780 for 2000) ofincome subject to social security. The maximum number of credits youcan receive for the year is four. Therefore, for 1999, if you hadincome (self-employment and wages) of $2,960 that was subject tosocial security taxes, you received four credits ($2,960 $740). For an explanation of the number of credits you must have to beinsured, and of the benefits available to you and your family underthe social security program, consult your nearest Social SecurityAdministration (SSA) office. Caution: Making false statements to get or to increase social securitybenefits may subject you to penalties. The Social Security Administration (SSA) time limit forposting self-employment income.Generally, the Social Security Administration will give you creditonly for self-employment income reported on a tax return filed within3 years, 3 months, and 15 days after the tax year you earned theincome. If you file your tax return or report a change in yourself-employment income after this time limit, SSA may change itsrecords, but only to remove or reduce the amount. SSA will not changeits records to increase the amount of your self-employment income. Social security number.You must have a social security number to pay SE tax. If you do nothave a number, apply for one on Form SS-5, hotel rooms NaxosApplication fora Social Security Card. You can get this form at any SocialSecurity office or by calling 1-800-772-1213. If you have a social security number from the time you were anemployee, do not apply again. If you have a number but lost your card, file Form SS-5. Youwill get a new card showing your original number, not a new number. en ligne regles du crapsIf your name has changed since you received your social securitycard, complete Form SS-5 to report the name change. International social security agreements.The United States has social security (totalization) agreementswith many countries to eliminate dual taxes under two social securitysystems. Under these agreements, you must generally pay socialsecurity and Medicare taxes to only the country you live in. Thecountry to which you must pay the tax will issue a certificate whichserves as proof of exemption from social security tax in the othercountry. The United States now has social security agreements with thefollowing countries: Austria, Belgium, Canada, Finland, France,Germany, Greece, Ireland, Italy, Luxembourg, the Netherlands, Norway,Portugal, Spain, Sweden, Switzerland, and the United Kingdom.Additional agreements are expected in the future. For moreinformation, contact the social security agency of the country inwhich you are living, or visit the United States Social SecurityAdministration site at www.ssa.gov/international, oryou can write to: Social Security Administration Office of International Programs P.O. Box 17741 Baltimore, MD 21235-7741 Estimated tax.You may have to pay estimated tax. This depends on how much incomeand SE taxes you expect to pay for the year and how much of yourincome will be subject to withholding tax. The SE tax is treated, andcollected, as part of the income tax. If you are also an employee, you may be able to avoid payingestimated tax by having your employer increase the income tax takenout of your pay. You may have to pay a penalty if you do not pay enough estimatedtax by its due date. For more information on estimated tax, seePublication 505. Self-employment tax deduction.You can deduct half of your SE tax in figuring your adjusted grossincome. This deduction only effects your income tax. It does notaffect either your net earnings from self-employment or your SE tax. To deduct the tax, enter on Form 1040, line 27, the amount shown onthe "Deduction for one-half of self-employment tax" line of theSchedule SE.