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Railroad Retirement Tier 1 Witholdings

My employer withheld approximately $1600 in Railroad Retirement Tier 1 tax. TurboTax is telling me they withheld too much and that I need to request a refund from the railroad in the full amount they withheld last year - a little over $1600.

 

Is this accurate? Why would I not pay anything into RRB?

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1 Best answer

Accepted Solutions
BillM223
Expert Alumni

Railroad Retirement Tier 1 Witholdings

Please see this Community thread where the issue and a workaround are discussed.

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**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post

4 Replies
AnnetteB6
Expert Alumni

Railroad Retirement Tier 1 Witholdings

Try adding an additional box 14 entry with the amount reported in box and the drop-down code RR for Railroad Retirement Compensation. 

 

This should clear the error message. 

 

 

@b_aminian

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Railroad Retirement Tier 1 Witholdings

Well, the only place I reported this was inside box 14, with a code for Tier 1 RRB.

It hasn't really affected my ability to file so I was wondering if I should just file anyways and forego contacting my employer. It must be an error as there's no way I'm paying $0 to Tier 1.

 

Thank you.

BillM223
Expert Alumni

Railroad Retirement Tier 1 Witholdings

Please see this Community thread where the issue and a workaround are discussed.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Railroad Retirement Tier 1 Witholdings

This worked. Thank you!

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