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.

How do i pay back my defered social security taxes from 2020?

 
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.

2 Replies
rjs
Level 15
Level 15

How do i pay back my defered social security taxes from 2020?

The IRS has not yet provided any information about how to pay the deferred tax. The first payment is not due until December. I'm sure the IRS will provide instructions before then.

 

How do i pay back my defered social security taxes from 2020?

Since you know the tax was only deferred you should be adjusting your withholdings or estimates now so you don't owe too much on the return next year and owe an underpayment penalty.

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question