Fraternity-Testvériség, 1965 (43. évfolyam, 1-12. szám)
1965-02-01 / 2. szám
8 FRATER NI TY Question: I am drawing disability benefits. I hope to be able to go back to work soon. Is it true that I do not have to report that I am working until after a year has passed? Answer: No, you should notify the Social Security Administration as soon as you return to work. The decision as to whether or not your checks should be stopped will depend on whether you have regained the ability to do substantial work. This decision may not be made until after 9 months of work, but you should still report immediately if you take a job. Question: My husband and I were drawing a combined check. He died on the last day of the month. Do I have to notify you or return the check received the third of the following month? Answer: Yes. The check has to be returned for two reasons. First, you could not cash it without your late husband’s signature; second, your husband’s benefit is not payable for the month of his death. This is true regardless of the day of the month the death occurred. Your share of the check will be sent to you in a separate check. Question: I am 67 years of age and have received Social Security checks for all months of 1964. I have been working at a part time job and earned something over $1200. Am I required to report my earnings to Social Security? Answer: Yes. You must file a report of your 1964 earnings with Social Security by April 15, 1965. This report has no connection with the filing of an income tax return with Internal Revenue Service. Question: My son received monthly checks until he was 18 in May 1964. He worked some last year before he became 18, and he obtained a full time job in July 1964. His earnings for the whole year were $1800. Is a report of his earnings required? Answer: Yes. From information shown on the report, Social Security can determine if he has been paid the correct amount of benefits or if he has been overpaid for some months. Question: Is an annual report of earnings required if you earn over $1200 in the first part of the year, then retire and have no earnings in the latter part of the year? Answer: Yes. Since your earnings exceeded $1200 for the year, you must file the report. Question: Does the requirement of filing the report of earnings apply if you are past age 72 and receiving Social Security checks? Answer: Yes and no. You must file the report if you earn over $1200 in the year you reach age 72. No report is required for any years thereafter. Question: What happens if I fail to file the report of earnings? Answer: If you earn over $1200 in any calendar year and fail to file a report by April 15 of the following year, you may be penalized an additional amount equal to one month’s benefit.
