Summary of Changes

Form 4029
Application for Exemption From Social Security and
Medicare Taxes and Waiver of Benefits
(Rev. November 2008)
Major Changes
•

On page 1, last bullet before signature, the term “year” was revised to “quarter” per
IRC 3127(c)(2).

Page 2:
•

Under Where to File, the addresses for filing applications for exemption and
revoking exemptions have been updated per SSA and SB/SE Compliance Services.

•

The topic “Effective date of exemption” was revised to address employees and self
employed individuals per IRC 1402(g)(2).

•

The TPCC address has been updated.

•

Under “Instructions to Employers, “Reporting exempt wages,” the second sentence
has been modified by adding …for social security and Medicare tax purposes… at
the request of TEGE:EOGE:ET2.

References:
IRC 1402, 3111, 3101, and 3127.
Forms 941,943, 944, and SS-5