Retirement tax questions

Are you married?  It is for each spouse separately.  You alone had 2 employers and 2 W2s?  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.

 

You may have to send copies of your W2s to the IRS to show you overpaid.

 

What is on your W2s box 3 & 4?   Get a calculator and check each W2 box 3&4. Multiply box 3 x .062 and it should be box 4. The max for all box 4 combined (but only for each person) is $9,114.00.   You may have entered box 4 wrong.