IRS Revising Form SS-8

Workers who think they’ve been wrongly treated as independent contractors can file Form SS-8 with the IRS to determine employment taxes and income tax withholding. The form was last revised in May 2014. A new draft form, with a revision date of December 2023, follows the same general format as the old form, but with important changes. The new form would require the reason it’s being filed (e.g., a worker was denied workers’ compensation benefits or believes he or she erroneously received a Form 1099). Firms can complete the form too, but I’ve never known a business to do so. #IdeaoftheDay