FICA, W2C and 1040X

Forum|Forum|5 years ago
March 1, 2021
1 reply
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Hi,

My employer in error failed withhold Social Security tax and Medicare tax from past 3 years. Upon realizing the error they have sent me the corrected W-2c for 3 years . W2C has only box 3,4,5,6 information (Social Security tax and Medicare tax information) and others are blank. I am trying to amend my tax return through TurboTax for these 3 years and on 1040X I am not getting anything, I mean I am getting 0 value.

So I have to amend these Social Security tax and Medicare tax 3 years taxes by using 1040X? if yes then how?

Thanks

TurboTax Deluxe Online

Best answer by ErnieS0

You probably do NOT have to amend your income tax returns if TurboTax is showing a $0 value. Form W-2c will only show the corrected boxes.

The only time Social Security on a W-2 will change a return is when you work for two employers and have an excess contribution. In that case, you would get a tax credit. With one employer, you don’t have to do anything if TurboTax is showing $0.

Your Social Security will automatically be credited with the Social Security Administration based on your employer’s payments and will help you get benefits when you retire.

Related Resource:

Topic No. 608 Excess Social Security and RRTA Tax Withheld

ErnieS0Answer

Level 15

You probably do NOT have to amend your income tax returns if TurboTax is showing a $0 value. Form W-2c will only show the corrected boxes.

Your Social Security will automatically be credited with the Social Security Administration based on your employer’s payments and will help you get benefits when you retire.

Related Resource:

Topic No. 608 Excess Social Security and RRTA Tax Withheld

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