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Retirement tax questions
@Rajl9 You do not enter the excess Social Security. You only enter your W2s and Turbo Tax will automatically figure out if you have an excess. Isn't it doing it?
Are you married? Make sure each W2 is assigned to the right spouse if you are married.
For 2021 the max for Social Security is $8,853.60 on $142,800 of wages (142,800 x 6.2%).
You only get excess SS back if one person had more than 1 employer and those employers took out more than the max of $8,853.60 (for 2021). If one employer took out more than the max you have to get it back from the employer.
Check 1040 Schedule 3 line 11 which goes to 1040 line 31.
‎April 16, 2022
5:40 PM