turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Are social security tips used as well as social security wages to calculate social security tax withheld?

My employer used both and Turbo tax says I am owed a refund.
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

3 Replies
SamS1
Expert Alumni

Are social security tips used as well as social security wages to calculate social security tax withheld?

Yes.  Your tip income would be reported in box 1,5, and 7 on your W2.  Box 3 would only include your Social Security Wages.  The amount in box 4 would be the Social Security taxes due on your Social Security wages and your Social Security tips.  The total of boxes 5 plus 7 would be your Social Security base for determining the amount of Social Security taxes withheld.  The amount in box 4 for Social Security tax withheld would be 6.2% of the total for box 5 and box 7.

 

You can check this out on a calculator to see if the amount in box 4 is correct.  If it is correct, you can continue through the warning and complete your return.

Chiro2022
New Member

Are social security tips used as well as social security wages to calculate social security tax withheld?

I am as well having turbo tax claim one employer took too much and I should have a refund, but they took 6.2% of my total wages and tips.  So I’m confused. 

Are social security tips used as well as social security wages to calculate social security tax withheld?

Check boxes 3 & 4.  How much is in each box?  Box 4 should be Box 3 x .062 up to a max of 8,853.60.   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.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question