Dear Expert,
I had 2 employers last year.
Employer 1 issued a W-2 with the limit of $8,537 in ss tax withheld;
Employer 2 issued a W-2 with the limit of $8,537 in ss tax withheld;
Then, in December, after an RSU was triggered through Employer 1,
Employer 1 issued a second W-2 with $3,268 in ss tax withheld.
Turbo tax tells me that I am getting a tax credit of $8,537 for the ss tax Employer 2 collected, but that for the $3,268 overpayment I must ask Employer 1 for a refund and a corrected W-2. Employer 1 is refusing to do this. Turbo Tax says that in that case, I should correct the W-2 myself and, after filing my taxes, mail in Form 843. It says that if I file my return with the extra ss tax withholdings, I may be subject to penalties and interest! But is it really okay to correct the W-2 myself when Employer 1 is providing it to the IRS uncorrected? Wouldn't that make me subject to penalties and/or trigger an audit?
Thanks!
