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Level 1
June 6, 2019
Question

TurboTax said I overpaid Social Security Taxes. How do I get this back?

  • June 6, 2019
  • 4 replies
  • 14 views
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4 replies

Level 12
June 6, 2019

It depends on the type of social security overpayment.  There are two types of social security overpayments, so I will address both - but if TurboTax is allowing you to proceed without correcting your W2, then it is probably the first option.  

1.  If your social security overpayment is because of multiple employers, then when you enter your W2s, the program will warn of the overpayment and will add into your federal tax return automatically.  It will show as Line 71 as a payment and be calculated into Line 75 (your refund) or Line 78 (amount you owe).  Again, this calculation would be done automatically after you entered your W2, so the amount of the overpayment should already be reflected in your amount due (or refund) just like regular W2 withholding.

If you haven't filed yet, then you can use the steps below to Preview your 1040 and view Line 71

  • Log into your account
  • Click Take Me to My Return
  • Select My Account (top right of blue banner)
  • Select Tools
  • Select View My Tax Summary
  • Here you will see a Tax Summary of your return so far
  • In the grey banner, click Preview my 1040

However, make sure you are truly entitled to this overpayment.  A lot of mistakes happen with this topic and they often result in IRS letters.  If you are married filing joint, make sure that you have assigned your W2s to each spouse correctly.  The mistake that happens is users enter both W2s under the same name, instead of each spouse.  This results in the program calculating an overpayment when none is truly due.

2.  If your overpayment is from a single employer, then it will not be automatically added to your return.  You will have to contact your employer to receive a refund and get a corrected W2.  If your employer won't cooperate, then you will have to fill out Form 843 to received a refund of the taxes and you will need to make an adjustment to your W2 to reflect what the correct number should have been.  In this situation, TurboTax will warn you that your W2 is incorrect and will not allow you to proceed with the incorrect number - you either have to manually calculate the correct number or get a new W2 to proceed.

You can view more information about social security overpayments at the link below (including more information about if your overpayment is caused by a single employer and how to correct that) -

https://ttlc.intuit.com/questions/1899484-can-i-get-a-refund-for-excess-social-security-tax-withheld  

Level 2
February 9, 2020

I am using premier online version for tax return 2019. The overpaid fica tax was not added to my 1040. Is there any button I need to check?

Level 15
February 9, 2020

do you have a spouse and you accidentally clicked that the W-2 was your's and not the spouses?  this is common errors people make.

 

overpaying FICA could occur if you had more than one employer and your Box 3 wages on your W-2s sum to more than $132,900

 

if your wages are below $132,900, something else is incorrect. 

 

if you truly overpaid FICA, it will be calculated into your refund.  Nothing for you to do. 

VolvoGirl
Level 15
February 9, 2020

Why or how did you overpay fica?  Give details.  Oh, do both your employers use the same payroll service?  There might be a problem with that.

 

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.

Level 2
February 2, 2022

if turbo tax accounts for social security overpayment automatically then why is turbotax software telling me to get corrected w-2 before filing?

Level 15
February 2, 2022

If you had only one employer, then you would have to get the excess social security tax withholding back from your employer.  The employer reports and payments are based on math and not actual withholding so it's impossible for your employer to pay more to the IRS than is required. In this situation you must go back to the employer to receive a refund and a corrected W-2. For filing purposes, You can enter the correct amount of social security tax and proceed to to file now. It's important to follow up with your employer.

 

If you do have two different employers, then the employers do not have access to the information about each other in reference to your income. For this reason they would not pay too much FICA on your wages.  In this case, any excess because you have earned more than $142,800 in wages when combined, the IRS will refund any excess social security tax because each employer would have paid it all to them.

 

On your tax return the excess will show up on line 11, of Schedule 3, Form 1040.  You can view your 1040 form before you e-file:

  1. Open or continue your return. (TurboTax Online)
  2. With the Tax Tools menu open, you can then:
    • View only your 1040 form: Select Tools. Next, select View Tax Summary in the pop-up, then Preview my 1040 in the left menu.
  3. TurboTax CD/Desktop - Select Forms (upper right) > Scroll to Schedule 3 (left) > View line 11

@pisicuta77

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Level 2
February 2, 2022

i just looked at the preview of my 1040 and the amount does not show up on schedule 3, line 11. how do i correct this?

Level 2
January 29, 2024

This seems a very old post.  I have 2x employers in 2023, I have maxed $160,200.00 limit with the first employer, but the 2nd one still deduced 1700 social security holding in year 2023.   Latest turbo tax SW does not check social security overpayment.   

 

It seems you need to fill out IRS Form 843: Claim for Refund and Request for Abatement according to the Form 843 Instructions and mail it in separately. Make a copy to keep with your tax return paperwork.

 

https://www.irs.gov/pub/irs-pdf/f843.pdf

 

VolvoGirl
Level 15
January 29, 2024

@nick2000cn  Turbo Tax should give you the excess Social Security on your return.  Nobody has complained it hasn't.  Be sure both W2s are entered under your name and not one for your spouse if married.  Try deleting the W2s and re enter them.  That may clear something out.  

You get excess SS back if you had more than 1 employer and those employers took out more than the max for Social Security tax in W2 box 4.  For 2023 the max for Social Security is $9,932.40 on $160,200 of wages (160,200 x 6.2%).  And it is for each spouse separately if married.  Check 1040 Schedule 3 line 11 which goes to 1040 line 31.

 

Be sure you entered box 3 & 4 right.  Or post back with the amounts in boxes 3&4.  Are you on Windows or Mac?  Try updating the program and for Windows you might need to update Windows.  

Level 2
January 29, 2024

Wow,  can not believe got such a light speed response !   Yes,  I have two employers in 2023, with employer A, box 3 $160,200.00, Box 4 $9,932.40;  and with employer J,  box 3 $27,555.68, box 4 $1,708.45.  

my federal refund shows 1211, and I did not see any where for extra social security holding info.  Upon searching internet, it says you have to submit IRS form 843.  Nor I see anywhere within turbotax I can add that form. 

I really appreciate everyone's attention and reply to my post,