Form 2032

Form 2032

A form that a U.S. company files with the IRS to receive the ability to continue to pay Social Security taxes on U.S. citizens and resident aliens working outside the United States for a foreign affiliate of the company. Form 2032 exists so as not to penalize U.S. persons who relocate outside the United States.
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3121(1) agreement, which is made on Form 2032, Contract Coverage Under Title II of the Social Security Act, remains binding for subsequent years and cannot be revoked.