- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Retirement tax questions
For 2021 or 2022? Any SS excess paid will be included on your return and in your refund.
For 2021 the max for Social Security is $8,853.60 on $142,800 of wages. For 2021 it will be on Schedule 3 line 11 which goes to 1040 line 31.
For 2022 the max for Social Security is $9114.00 on $147,000 of wages. For 2022 it will be on Schedule 3 line 11 which goes to 1040 line 31. The Social Security overpayment on line 31 is included in the total refund on line 35a.
And the max is for each spouse, not combined. You only get the excess SS back if one person had more than the max, not both combined. If one spouse had more than 1 employer and paid more than $8,853.60 in Social Security tax (box 4) combined you get the excess back on your tax return.
Did you get your 2021 Refund? The IRS is taking a long time to process returns. When did you file? Was it Accepted?