@Opus 17 can you explain why? I am merely returning the net amount that paid in excess.
Separately, as for the social security tax part, I was looking at my 2020 tax return, schedule 3, line 10 (10 Excess social security and tier 1 RRTA tax withheld) and it has a number in there. I had another employer before this one in 2020, so perhaps between the two of them, I crossed the social security limit of $137,700 for year 2020 and I have already claimed the excess in the return, hence the social security is covered? Am I reading this right?
