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not reporting inome to social security?
not reporting income to irs. how does it effect monthly payments of social security
1 Answer
- 1 decade agoFavorite Answer
IT IS ILLEGAL NOPT TO REPORT YOUR INCOME AS YOUR PAYMENTS ARE MADED ON THE BASIS OF HOW MUCH YOU EARN. AS FAR AS EFFECTING YOUR PAYMENTS, IF YOU HAVE UNDERESTIMATED OR FAILED TO DECLARE SOME INCOME, THEN I BELIEVE YOU ORGANISE WITH YOUR SOCIAL SECURITY PROVIDER TO TAKE AN ORGANISED AMOUNT OUT OF YOUR PAYMENTS UNTIL YOU HAVE PAID BACK YOUR DEBT. DONT LET IT GET O FAR GONE AS IT MAY RESULT IN SOME SORT OF JAIL TERM OR FINE.
