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Get your taxes done using TurboTax
No action. From your, statement it sounds like you hit the Social Security wage limit for withholding Social Security taxes. Once that limit is hit, there is no additional withholdings needed. The W2c warning in TurboTax was there to alert taxpayers if the Employer elected to defer the employee share of Social Security into the 1st quarter of 2021, resulting in a W-2c to be issued. Your situation is completely different. The Social Security taxes were not deferred by your employer. Its more a bookkeeping item for your reward points redeemed. I would move forward as the warning does not pertain to your situation. Thanks.
March 16, 2021
4:08 PM
3,837 Views