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Got IRS CP11 notice about incorrect Social Security Tax
I recently got IRC CP11 notice claiming that social security tax excess withheld (schedule 3 line 11 - Excess social security and tier 1 RRTA tax withheld) was calculated incorrectly and therefore I owe ~2k
W2s were imported automatically (and double confirmed manually) so It's not the data entry error.
The question is - what can be the reason? Incorrect Turbotax calculations or employers put incorrect data on W2?
Is it something Turbotax support is supposed to help with?
Thanks!
Max
Topics:
‎April 15, 2022
9:24 PM