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Level 1
February 8, 2020
Question

Is something wrong with turbo tax social security tax with held calculation, because it keeps saying my w2 is wrong but it is not?

  • February 8, 2020
  • 8 replies
  • 42 views
tt keeps saying ss tax with held is wrong

8 replies

February 8, 2020

check your w-2 input.  maximum social security wages $132,900 maximum social security taxes that should be withheld $8239.80   (6.2% of social security wages).   

Level 2
February 15, 2020

Wages $50,000, amount withheld for SS is $3,100.  Turbotax says the correct amount is zero.  Clearly wrong!

DMarkM1
Level 15
February 16, 2020

Try deleting the W2 in question and re-entering information.  That number is not a calculated number, but an entry number.

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