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I am getting a credit on schedule 5 social security excess in the amount that my wife paid in on her W-2. is that correct?
I capped out on the Social Security pay in of $7960.80 and when I was filing my taxes I am getting a credit of excess SS on Schedule 5 in the amount of 5752.00 which is exactly what my wife paid in on her W-2 from her employer. Is this Schedule 5 credit correct?
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‎June 1, 2019
8:26 AM