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@jamesgangjj You mean on your W2 box 4? No. Those are a mandatory tax. The Social Security wages in box 3 will count towards your ss account when you start collecting Social Security benefit checks.
Or do you mean the withholding taken out of your Social Security checks? That does count towards your federal income tax like any other W2 or 1099 withholding. You will get a SSA-1099 each January to enter into your tax return.
Social Security taxes withheld are not entered on your tax return.
Federal income taxes, Social Security taxes and Medicare taxes are totally separate types of taxation.
Your income tax refund will never include amounts withheld for Social Security or Medicare. That money goes toward your future SS benefits and Medicare when you reach retirmement age or if you become disabled. Your income tax refund can include amounts from box 2 of your W-2 and might also include any refundable credits you were eligible for.
@jamesgangjj You mean on your W2 box 4? No. Those are a mandatory tax. The Social Security wages in box 3 will count towards your ss account when you start collecting Social Security benefit checks.
Or do you mean the withholding taken out of your Social Security checks? That does count towards your federal income tax like any other W2 or 1099 withholding. You will get a SSA-1099 each January to enter into your tax return.
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