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Retirement tax questions
This can happen if you have multiple employers. For the tax year 2019, you'll have excess Social Security withholdings if the sum of multiple employers' withholdings exceeds $8,239.80 per taxpayer.
You don't need to take any action. We'll automatically add the excess to your federal refund or subtract it from federal taxes you owe, whichever applies. The excess will appear as a tax credit on Line 11 of your Form 1040, Schedule 3.
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March 17, 2020
2:20 PM