Yes, but not in the tax summary. It should show up as a credit on line 10 of your Schedule 3 and the total from line 13 should flow to line 31 of the 1040. Note the maximum earnings subject to social security is for 2020 was $137,700. So you would have to earn more then that to get the excess Social Security credit. To review your 1040 in TurboTax:
- In the left margin click Tax Tools
- Click Tools
- select View Tax Summary
- in the left margin, select Preview my 1040
From there you can see your 1040 and schedules 1, 2, 3. Review the lines mentioned on the 1040 and Sch 3 for your credit. Click Back in the left margin when done.
Make sure your W-2 input is correct if you see a discrepancy.
