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3 Replies
GiseleD
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Social security tax withheld verified as correct.

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Social security tax withheld verified as correct.

Did it say that your employer may have paid too much SS?  Or you have Excess SS?

 

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.

Social security tax withheld verified as correct.

@tyler_blaine 

 

Did you enter more than one W-2...was the same employer EIN on BOTH of your W-2 forms...but from different employers?

 

  (this only happens if two different employers use the same payroll service...or sometimes if a company is merged or bought out by another).

____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*
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