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CENTERVILLE TOWNSHIP
(LEELANAU COUNTY)
CEDAR, MICHIGAN 49621
SUPERVISOR
JAMES CHANGES
4955 S. SCHOENBERG RD
CEDAR, MI 49621
PHONE: 9205204
Email: sweetersongfarm×gmail.com
TRUSTEE
DANIEL HUBBLE
6331
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How to fill out 4955 s
How to fill out 4955 s
01
To fill out Form 4955-S, follow these steps:
02
Enter your personal information, including your name, address, and social security number.
03
Provide details about the organization or institution requesting the completion of this form.
04
Specify the type of qualifying student loan debt you have and the amount that is being canceled.
05
Indicate if any portion of the loan discharge is excluded from gross income.
06
Complete the certification section, confirming that the information provided is accurate.
07
If applicable, attach any required documentation or supporting evidence.
08
Review the completed form for accuracy and sign and date it before submission.
09
Submit the form to the appropriate organization or institution requesting the completion of Form 4955-S.
Who needs 4955 s?
01
Form 4955-S is needed by individuals who have had their student loan debts canceled or discharged due to public service or other eligible purposes.
02
It may also be required by organizations or institutions that are responsible for granting or verifying loan discharges.
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What is 4955 s?
4955 s is a form used to report excess contributions to health savings accounts (HSAs), Archer medical savings accounts (MSAs), or Medicare Advantage MSAs.
Who is required to file 4955 s?
Taxpayers who have made excess contributions to their HSAs, Archer MSAs, or Medicare Advantage MSAs are required to file Form 4955.
How to fill out 4955 s?
Form 4955 can be filled out by providing information about the excess contributions, any corrective distributions made, and calculating the excise tax on the excess amount.
What is the purpose of 4955 s?
The purpose of Form 4955 is to report and pay an excise tax on excess contributions made to HSAs, Archer MSAs, or Medicare Advantage MSAs, in order to discourage overfunding and maintain the integrity of these accounts.
What information must be reported on 4955 s?
The information that must be reported on Form 4955 includes the excess contributions, any corrective distributions made, and the calculation of the excise tax owed on the excess amount.
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