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Get your taxes done using TurboTax
>> Are you able to view line 31 of the Federal 1040 tax return?
>> Are you given a credit in the amount of the overpayment?
I'm having the same problem as well. Line 31 is not showing credit for social security overpayment.
Two employers. Annual income with either employer was below $142,800. Both employers properly withheld 6.2% for social security.
But the sum total for social security withholding is over $8,853.60 (by about $700).
Neither employer withheld too much. Both are well under the $8,853.60 limit and both properly withheld at 6.2%. Intuits states on the below web page that they will take care of this via Schedule 3, but I don't have a schedule 3 in my return (and line 31 above has no value).
‎February 6, 2022
1:39 PM