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beeplove
New Member

Overpayment Social Security due to multiple W2s

I have overpaid to Social Security in 2018 and 2019 which was due to multiple W2s.

Last year I didn't pay attention, I thought I will get the overpayment with my refund. I would like to verify that. 

 

In this thread, it was suggested to check Schedule 3. The problem is I don't see Schedule 3 in my return.

How do I verify that I was paid back the overpayment I made.

Also, Do I need to file form-843 separately to claim the overpayment, or TurboTax is supposed to take care of it when I file my tax return.

 

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1 Reply

Overpayment Social Security due to multiple W2s

There were line and schedule changes from 2018 to 2019.

 

For 2018, If you had more than one employer and  the total of box 4 (only box 4 not box 6) on all your 2018 W2s  for Social Security is more than $7,960.80 you get the excess back on your tax return.  And it is for each spouse separately, not combined.  Check 1040 schedule 5 line 72 for it.  Then schedule 5 goes to 1040 Line 17.

 

For 2019,

If you had more than one employer and  the total of box 4 (only box 4 not box 6) on all your 2019 W2s  for Social Security is more than $8,239.80 you get the excess back on your tax return.  And it is for each spouse separately, not combined.  Check 1040 Schedule 3 line 11 for it.  Then Schedule 3 goes to 1040 line 18d.

 

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