Retirement tax questions

Unless you have some self-employment income in addition to the pay for teaching that is reported on your W-2, you are paying in to TRS instead of paying in to Social Security.  What are you seeing that makes you think you need to pay?

 

 

Teachers and Social Security

 

There are 15 states (AK, CA, CO, CT, IL, LA, MA, ME, MO, NV, OH, TX) in which teachers do not pay in to Social Security, so you will not see Social Security withheld on the teacher’s W-2.  Instead, teachers in those states pay in to a Teacher’s Retirement System, which will show up elsewhere on the W-2 often in box 12 or box 14.

 

There are three states which have varying degrees of participation in SS for teachers, depending on school districts—GA, KY, and RI.

 

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**