TN 5 (12-92)

RS 02201.027 Including Wages in Place of Erroneously Reported SEI

A. POLICY

An E/R may be corrected at any time if wages were incorrectly reported as SEI.

B. EXAMPLE

In 1984, John Smith reported SEI of $14,700. It was later determined that Mr. Smith was an employee and was paid $18,500. (He had reported $18,500 as gross and deducted expenses of $3,800.)

Redesignate the $14,700 as wages and prepare an SSA-7010-U5 to credit the additional $3,800 in wages. Do not send a copy to IRS.


To Link to this section - Use this URL:
http://policy.ssa.gov/poms.nsf/lnx/0302201027
RS 02201.027 - Including Wages in Place of Erroneously Reported SEI - 12/14/1992
Batch run: 01/27/2009
Rev:12/14/1992