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Are you talking about excess Tier1? if so.... This may or may not help
RAILROADERS:
Just spent an hour and a half on tax support:
If you have excess Tier 1 tax paid because of more than one railroad job, we had to do the following to resolve TurboTax problems with properly calculating excess Tier 1 Tax and applying the credit to the 1040 form:
For both W-2s, Make sure you enter RRT1, RRT2 and MED in the same order in box 14 on TurboTax. E.g. in TurboTax Box 14, make line one for RRT1, Line 2 RRT2 and Line 3 MED , THEN add any other box 14 items in TurboTax for all your employer W-2s.
After you get all your box 14 items from each W-2 into the proper order on TurboTax:
ADD A LINE UNDER THOSE and write "RAILROAD COMPENSATION".
In the $ amount box put your W-2 BOX 1 WAGES
From the dropdown menu select Railroad compensation .
TurboTax will then correctly add up how much Tier 1 tax is due, then tell you what you properly overpaid, and then put a schedule 3 in your tax forms and give you the proper $ credit to this year's taxes. You would still have to file an IRS form 843 for excess Tier 2 tax if you paid that.
We never had to do this in TurboTax before. I don't know if it is a glitch or a feature, but it is not well done on TurboTax's part.
Hope this helps. It worked for us.
Thank you ,
This worked
This worked. Why? I'm glad to see it fixed, but this is the second year in a row that I am struggling with this problem. It would be good for this issue to be resolved permanently.
Thank you for this solution. Let's hope I remember this next year 🙂
I'm having this same issue. Part of the year I worked at a non-railroad, the last part I worked at a railroad. I know I overpaid, but there is no Schedule 3 being created for me and I have no way of knowing whether it was calculated in the owe/due box.
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