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Get your taxes done using TurboTax
Well you do have excess Social Security tax and get a refund for it. And actually the first one should only be $263.25 unless you typed box 3 wrong. 4245.95 x .062 = 263.25. So you have 2 different situations here.
Are you married? Is one for your spouse?
You get excess SS back if one person had more than 1 employer and those employers took out more than the max of $8,853.60 (for 2021). If one employer took out more than the max you have to get it back from the employer.
you have both situations.
1. One employer took out too much.
2. The total of box 4 is over the max.
‎February 17, 2022
6:38 PM