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Social Security Earnings Maximum

Hi, I'm using TurboTax Business 2019 to create W2s.  When the program "reviews my entries", it is using $128,400 as the Social Security earnings cap.  Shouldn't it be using $132,900 for 2019?

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VolvoGirl
Level 15
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee
4 Replies

Social Security Earnings Maximum

That section of the program will not be operational until sometime in early January for the 2019 amounts ... patience will be needed. 

Social Security Earnings Maximum

Thanks for the response, @Critter.  I appreciate it.

 

Do you know this from past experience or is it documented somewhere?

 

It sure would be helpful to know if there are other quirks to be alert for.

VolvoGirl
Level 15
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

Social Security Earnings Maximum

Social Security Earnings Maximum

As I mentioned ... that program is never fully operational until sometime in early January ... there are always bugs that need to be worked out ... and since you have until 1/31 to get them issued and reported to the IRS you have time for them to fix this issue.  

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