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When you received your first paycheck, you were probably in for a rude awakening. You knew you’d have to pay taxes. You likely had no idea how many taxes you really had to pay for living in the United States.
Many people don’t believe the Social Security system will be around to pay them when they get old. There is evidence that says otherwise but some people still want to opt out of paying Social Security taxes.
Ways You Might Be Exempt From Paying Social Security Taxes
Exemption for qualifying religious groups
Certain nonresident aliens
Foreign government employees
Temporary student exemption in certain cases
Other exemptions
Exemption for Qualifying Religious Groups
In order for this exemption to work, your religious group must have been in existence at the end of the year in 1950.
The group must have provided its members with a reasonable standard of living ever since that date. If your group meets these requirements and opposes accepting Social Security benefits, you can apply for an exemption.
To do that, you’ll use IRS Form 4029, Application for Exemption From Social Security and Medicare Taxes and Waiver of Benefits.
Certain Nonresident Aliens
If you’re a temporary foreign student, professor, teacher or another certain educational worker, you may be exempt from paying Social Security taxes.
It also lists when those exemptions apply. If you’re a nonresident alien, check this list and consult a tax professional for more information.
Foreign Government Employees
If you’re an employee of a foreign government you generally don’t have to pay Social Security taxes on income related to your official responsibilities.
You must be working in an official capacity and be working on official business related to your employment to avoid paying these taxes.
INCLEMENT WEATHER NOTICE:
Our North Little Rock office and showroom will be closed Thursday, January 9th at noon and all day Friday, January 10th due to the forcast inclement weather. We apologize for any inconveniance
