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dylatess, ATTORNEY
Category: Social Security
Satisfied Customers: 3441
Experience:  37 plus years of SSD practice
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How do i revoke my 4029 exemtion

Customer Question

how do i revoke my 4029 exemtion
Submitted: 2 years ago.
Category: Social Security
Expert:  SSA.Help4u.168 replied 2 years ago.
The person that you requested is not available at this time. Based on the following information, there is not one specific way to revoke the 4029. SEE BELOW: C. POLICY — TERMINATION OF EXEMPTIONThere is no provision in the IRC for revoking an exemption; however, the IRC provides that the exemption ceases to be effective beginning with the year in which the individual and/or his/her religious group no longer meet the requirements. Further, when the individual files for a religious exemption/waiver he/she agrees to notify the IRS in writing within 60 days if a cessation event occurs. Accordingly, section 202(v) (3) of the Act provides that the waiver provision ceases to be applicable with regard to the non payment of benefits and other payments payable under Title II and Part A of Title XVIII to the extent of an individual's wages and or SEI forand after the calendar year in which the requirements of sections 1402(g) or 3127 of the IRC are not met. NOTE: Earnings posted prior to the approved exemption and during the effective period of the exemption cannot be used to determine insured status/eligibility to benefits. Only the earnings posted for and after the effective date of the cessation event can be used to determine insured status/eligibility to benefits. REFERENCE SOURCE: Let me know if I can be of further assistance to you regarding this matter.