@Wuggabugga wrote:
Experiencing the same problem. Turbotax has failed to update the thresshold for 2024 into the app.
Have you updated your software to the latest release? Using the desktop editions, click on Online at the top of the desktop program screen. Click on Check for Updates.
The maximum SS wages for tax year 2024 is $168,600 with the SS taxes withheld on this amount $10,453.20.
The TurboTax software for the W-2 uses the these amounts for boxes 3 and 4. An amount of taxes withheld over the $10,453.20 will show as an excess amount withheld by your employer.
