turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

SS tax

why no credit for the medicare and SS taxes  paid per W2 2024?

 

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

3 Replies

SS tax

Sorry those are a mandatory tax.  You don't get those back.  But if you had more than 1 employer and went over the max for Social Security you can get the excess back.

 

For 2023 the max for Social Security is $9,932.40 on $160,200 of wages (160,200 x 6.2%).  W2 box 4.

Cynthiad66
Expert Alumni

SS tax

We'd love to help you complete your tax return, but need more information. Can you please clarify your question?  Please provide more details.  What is your issue?

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

SS tax

The amounts withheld for SS and/or Medicare are not refundable nor do you get any deduction or credit for those amounts.    Your income tax refund is based on amounts in boxes 2 and 17 of your W-2.  

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question