Instructions For Form 1040-Ss
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132016
Department of the Treasury
Internal Revenue Service
Instructions for Form
1040-SS
U.S. Self-Employment Tax Return (Including the Additional Child Tax Credit for
Bona Fide Residents of Puerto Rico)
maximum amount of self-employment
how old you are and even if you already
Section references are to the Internal Revenue
Code unless otherwise noted.
income subject to social security is
are receiving social security or Medicare
$127,200.
benefits.
General Instructions
See Who Must File below for additional
Due date of return. File Form 1040-SS
uses of this form.
by April 18, 2017. The due date is April 18,
Future Developments
instead of April 15, because April 15 is on
You may also be required to file an
For the latest information about
a Saturday, and April 17 is the
income tax return with the government of
developments related to Form 1040-SS
Emancipation Day holiday in the District of
Guam, American Samoa, the USVI, the
Columbia.
and its instructions, such as legislation
CNMI, or Puerto Rico. Check with your
enacted after they were published, go to
local tax office for more details.
Estimated tax payments. If you expect
IRS.gov/form1040ss.
to owe self-employment (SE) tax of $1,000
Who Must File
or more for 2017, you may need to make
What's New
estimated tax payments. Use Form
You must file Form 1040-SS if you meet all
1040-ES, Estimated Tax for Individuals, to
three requirements below.
Additional child tax credit (ACTC). If
figure your required payments and for the
you are claiming the ACTC on your 2016
1. You, or your spouse if filing a joint
vouchers to send with your payments.
Form 1040-SS, and you had a paid
return, had net earnings from
preparer, Form 8867, Paid Preparer's Due
Additional child tax credit. You must
self-employment (from other than church
Diligence Checklist, must be attached to
have an SSN (or ITIN), and your qualifying
employee income) of $400 or more (or you
the return. Your preparer must complete
child must have an SSN, ATIN, or ITIN, by
had church employee income of $108.28
the column corresponding to the ACTC.
the due date of your 2016 Form 1040-SS
or more—see
Church
Employees, later).
(including extensions), or you can't claim
However, see Exceptions, later.
Refunds for returns that claim the ad-
the additional child tax credit on either
ditional child tax credit (ACTC). If you
2. You do not have to file Form 1040
your original or an amended tax return.
are claiming the ACTC on your 2016 Form
with the United States.
See
Identification requirements
under Part
1040-SS, and you expect a refund, it will
3. You are a resident of:
II--Bona Fide Residents of Puerto Rico
not be issued before February 15, 2017.
a. Guam,
Claiming Additional Child Tax Credit, later.
For more information, see
IRS.gov/for-tax-
b. American Samoa,
pros/new-federal-tax-law-may-affect-
Electronic filing. You can e-file Form
some-refunds-filed-in-early-2017.
1040-SS. For general information about
c. The USVI,
electronic filing, visit
IRS.gov/efile.
Individual taxpayer identification num-
d. The CNMI, or
ber (ITIN) renewal. You may need to
Direct Pay. The best way to pay your
e. Puerto Rico (you can file either
renew your ITIN. For more information,
taxes is with IRS Direct Pay. It's the safe,
Form 1040-PR (in Spanish) or Form
see the Instructions for Form W-7,
easy, and free way to pay from your
1040-SS).
Application for IRS Individual Taxpayer
checking or savings account in one online
Even if you have a loss or little
Identification Number.
session. Just click “Pay Your Tax Bill” on
income from self-employment, it
IRS.gov.
TIP
Maximum income subject to social se-
may benefit you to file Form
curity tax for 2016. For 2016, the
Purpose of Form
1040-SS and use either "optional method"
maximum amount of self-employment
in Part VI. See
Part VI—Optional Methods
income subject to social security is
This form is for residents of the U.S. Virgin
To Figure Net
Earnings, later.
$118,500.
Islands (USVI), Guam, American Samoa,
the Commonwealth of the Northern
Exceptions. If (2) and (3) above apply,
Optional methods to figure net earn-
Mariana Islands (CNMI), and the
you also must file Form 1040-SS (or you
ings. For 2016, the maximum income for
Commonwealth of Puerto Rico (Puerto
can use Form 1040-PR in Spanish if you
using the optional methods is $5,040.
Rico) who are not required to file a U.S.
are a resident of Puerto Rico) to:
income tax return. Residents of Puerto
Reminders
Report and pay household employment
Rico who wish to file a return in Spanish
taxes;
may file Form 1040-PR in place of Form
Additional Medicare Tax. You may be
Report and pay employee social
1040-SS.
required to pay Additional Medicare Tax.
security and Medicare tax on: (a)
See the instructions for Part I,
Line
5, for
unreported tips, (b) wages from an
One purpose of the form is to report net
more information. Also, you may need to
employer with no social security or
earnings from self-employment to the
report Additional Medicare Tax withheld
Medicare tax withheld, (c) uncollected
United States and, if necessary, pay SE
by your employer. See the instructions for
social security and Medicare tax on tips or
tax on that income. The Social Security
Part I,
Line
11, for more information.
group-term life insurance (see the
Administration (SSA) uses this information
instructions for Part I,
Line
6, later), or (d)
to figure your benefits under the social
Maximum income subject to social se-
the Additional Medicare Tax (see the
security program. SE tax applies no matter
curity tax for 2017. For 2017, the
instructions for Part I,
Line
5, later).
Dec 29, 2016
Cat. No. 26341Y
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