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You will need to upgrade to the Deluxe version as you will need to complete an additional form that is not included in the Basic version.
The overpayment of Social Security taxes is reported on Schedule 3 and treated as a credit on your tax return.
Schedule 3 is not generated in the Basic version. You will need to upgrade.
Select Help in the menu on the top.
Select Upgrade TurboTax.
This will enable you to upgrade so you can file the forms needed to get credit for the excess taxes withheld.
WAIT ... before you upgrade go back and review your W-2 entry screens ... did you make an entry error ? Do you have a spouse ? Did you accidentally indicate your & her W-2 both belong to one person ?
There are 2 different situations when it will say Employer may have paid too much Social Security. It's saying either 1 employer took out too much SS -OR- that you paid too much SS because you had more than 1 employer. This should cover both.
More than 1 Employer:
For 2019, If you had more than one employer and the total of box 4 (only box 4 not box 6) on all your 2019 W2s for Social Security is more than $8,239.80 you get the excess back on your tax return. And it is for each spouse separately, not combined. Check 1040 schedule 3 line 11 for it. Then schedule 3 goes to 1040 Line 18d. If only one employer took out more than $8,239.80 you have to get the difference back from that employer and get a corrected W2 form.
One Employer:
Check boxes 3 & 4 on your W2. Box 4 should be 6.2% of box 3 up to a max of $8,239.80. So take the amount in box 3 and multiply it by .062. If box 4 is more than that you need to get a corrected W2 from your employer. 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.
Or check W2 box 12. You may have entered Code A by mistake.
A sure way to fix this is to delete the W2 and re-enter it. That may clear something out.
Or post back with the amounts in boxes 3&4.
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