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Path: utzoo!watmath!clyde!burl!ulysses!allegra!alice!ark
From: ark@alice.UUCP (Andrew Koenig)
Newsgroups: net.taxes
Subject: Re: SS deduction
Message-ID: <3579@alice.UUCP>
Date: Mon, 15-Apr-85 19:58:16 EST
Article-I.D.: alice.3579
Posted: Mon Apr 15 19:58:16 1985
Date-Received: Tue, 16-Apr-85 01:32:48 EST
References: <121@pyuxh.UUCP>
Organization: Bell Labs, Murray Hill
Lines: 19

> To prevent further violation of my
> pocket, I was thinking of deducting my Social Security taxes next year.
> This being that Social Security taxes do not qualify as income. Income
> is money that I can spend NOW. Also your contribution to SS is taxed twice,
> the first time as ordinary income, the second time when you collect it, if
> you live long egnough.

> Does anybody know if the IRS has been challenged on this and what are the
> odds that I will incur the wrath of the IRS if I pull such a stunt next
> year ?

Since the booklet of instructions that comes with the tax forms
says explicitly that Social Security taxes are not deductible,
I think the IRS position on this is pretty clear.

I'm not going to tell you what you should expect, but if I
tried to pull a stunt like deducting my social security taxes,
I would expect to be sent a bill for the difference, plus
penalties and interest, plus $500 for filing a frivolous return.