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Is it okay to submit my return even though turbo tax says my employer withheld too much for social security tax? My math says its correct?

 
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Is it okay to submit my return even though turbo tax says my employer withheld too much for social security tax? My math says its correct?

It won't go though with that error.   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. 

 

First of all try leaving the cents off box 4.
Check boxes 3 & 4 on your W2. Box 4 should be 6.2% of box 3 up to a max of $10,918.20. 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 manually re-enter it. That may clear something out. Or post back with the amounts in boxes 3&4.

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