Retirement tax questions

So did you get 2 W2 forms from the new and old employer?  If you are married and filing a Joint return be sure each W2 is assigned to you.

 

You get excess SS back if you had more than 1 employer and those employers took out more than the max for Social Security tax in W2 box 4.  For 2024 the max for Social Security is $10,453.20 on $168,600 of wages (168,600  x 6.2%).  And it is for each spouse separately if married.   Be sure each W2 is assigned to the right person.   The excess is on 1040 Schedule 3 line 11 which goes to 1040 line 31.

 

Did you only  have 1 employer?  If only 1 employer took out too much you need to get it back from the employer.

 

Check W2 boxes 3 & 4.  How much is in each box?  Box 4 should be Box 3 x .062 up to a max of $10,453.20.  If box 4 is more than that you need to get a corrected W2 from your employer.  Try leaving the cents off box 4.  But also go back and double check your W2 entries, you may have entered box 3 & 4 wrong.  A lot of people who have asked this found they did enter an amount wrong.