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TTAX Premier states that Social Security was Over Withheld by $0.01
TTAX Premier is telling me that my social security was over withheld by $0.01 on one of my W2s. The withholding is correct....6.2% of the amount in Box 1. Manually calculated, the SS has a fraction. It's .145 so my employer rounded up to .15. TTAX says it should be .14.
Is this a glitch in the program? I believe that the rounding is correct.
TTAX is warning me that I should not file the return unless I get a corrected W2. This seems crazy.
HELP! 😉
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‎January 25, 2022
1:49 PM