turbo tax is taking out an additional .009 medicare tax on her medicare wages when the addtional .009 was already deducted from her wages and properly reflected on her W-2. We believe that there is an error in how the Form 8959 is calculating the tax. Can this form be deleted from the return so it does not add the additional $217 that has already been deducted from her wages?
Total medicare wages were $224,029. Medicare tax withheld was $3,464.67 on her W2, box 6.
Turbo tax is calculating $224,029x .145 equals 3248. Then Turbo Tax calculates 24,029 x .009 equal $217. Then it takes $3465 (rounded) which is the correct amount in box 6 of the W2 and subtracts 3248 from it and add $217 of additional medicare tax on form 1040 Line 25C.
This is the second calculating error we have found this year with turbo tax and really feel that Turbo Tax is falling short of their advertising mantra for 'filing with confidence that your return is correct.'
