- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Retirement tax questions
Line 13 of what? It's not your income but how you entered the ss withholding from box 4 on your W2. Are you married? You entered some of the W2s under the wrong spouse so it looked like 1 person paid in too much SS withholding.
If you (either one spouse, but not both together) had more than one employer and the total of box 4 on all your 2014 W2s for Social Security is more than $7,254.00 (for each person) you get the excess back on your tax return. Check 1040 line 71 for it. If only one employer took out more than $7,254.00 you have to get the difference back from that employer and get a corrected W2 form.
If you filed a joint return and both spouses have W2s you have to enter each W2 under the right name (not the ssn) or it will look like all the W2s belong to only 1 person and too much social security tax was paid for that 1 person.
And by assigning both W2s to the same person the program wouldn't know a W2 is missing from the spouse. It just would think they are both for you.
If you used the Online version you would need to be able to open your return in the Desktop program to check it. If you look at your W-2 s in the Desktop program, in Form mode, you'll see a line at the very top where the box is checked to show who you chose as the owner of the W-2. That's where the mistake lies. If you choose the wrong person last year it will transfer and will continue to be wrong. See this screen shot…..
<a rel="nofollow" target="_blank" href="http://screencast.com/t/t5iECwAJOpAC">http://screencast.com/t/t5iECwAJOpAC</a>
And for 2015 either don't transfer from 2014 or delete and re-enter all the W2s carefully next year to stop it from continuing. Pay attention to which spouse you assign the W2.
If you (either one spouse, but not both together) had more than one employer and the total of box 4 on all your 2014 W2s for Social Security is more than $7,254.00 (for each person) you get the excess back on your tax return. Check 1040 line 71 for it. If only one employer took out more than $7,254.00 you have to get the difference back from that employer and get a corrected W2 form.
If you filed a joint return and both spouses have W2s you have to enter each W2 under the right name (not the ssn) or it will look like all the W2s belong to only 1 person and too much social security tax was paid for that 1 person.
And by assigning both W2s to the same person the program wouldn't know a W2 is missing from the spouse. It just would think they are both for you.
If you used the Online version you would need to be able to open your return in the Desktop program to check it. If you look at your W-2 s in the Desktop program, in Form mode, you'll see a line at the very top where the box is checked to show who you chose as the owner of the W-2. That's where the mistake lies. If you choose the wrong person last year it will transfer and will continue to be wrong. See this screen shot…..
<a rel="nofollow" target="_blank" href="http://screencast.com/t/t5iECwAJOpAC">http://screencast.com/t/t5iECwAJOpAC</a>
And for 2015 either don't transfer from 2014 or delete and re-enter all the W2s carefully next year to stop it from continuing. Pay attention to which spouse you assign the W2.
May 31, 2019
5:47 PM