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Retirement tax questions
It has to be a bug in the program. The maximum earnings subject to the Social Security payroll tax is $137,700. If you multiply by 6.2%, the maximum tax amount that can be withheld is $8537.40. My W-2 has this exact amount and I am receiving the same message.
TurboTax needs to get this corrected quickly.
‎February 22, 2021
7:00 PM