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TurboTax is calculating "correct" Social Security withholding at 0.62% instead of 6.2%. How do I report this issue?

 
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TurboTax is calculating "correct" Social Security withholding at 0.62% instead of 6.2%. How do I report this issue?

It's more likely that you made a data entry error, perhaps in Box 3 (Social Security Wages) of your W-2.

6.2%  = .062.

TurboTax is calculating "correct" Social Security withholding at 0.62% instead of 6.2%. How do I report this issue?

Check boxes 3 & 4 on your W2. Box 4 should be 6.2% of box 3 up to a max of $8,537.40.   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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