Turbotax: "You have a W-2c coming. Since you deferred some of your Social Security taxes last year,..." Both my W-2's have maxed-out SS income/withholding, a problem?

I've got the same problem..Flagged me with same message, but i did NOT defer any of my SS taxes last year..so interested in the response...Employer took all required SS taxes.

Update..You maybe onto something but i think a defect (as well)..ran across this post..

https://turbotax.intuit.com/tax-tips/irs-tax-forms/what-is-form-1099-nec/L5fbwIFSn

I don't have a 1099 NEC either and max (137k) taken out appropriately on SS taxes..i've been OTP for about 40 min with Support (second level)..asking they confirm if a bug or what else maybe triggering it.

Mark

Ok, so in my case, this got rid of it...Don't understand why, but the CS rep had me do it..

Go into Deductions..section of "tax relief related to covid" ..then go into self employment tax  then click NO (assuming applicable)..then do review again.

I appreciate your help!

The Covid "Self-employment tax deferral" had a "Revisit" button (even though this was never asked nor offered).

I went in there and selected "No" to ask for a deferral, but it still gave me the W-2c message after the checks. It may be due to my (small) 1099-NEC, since the questions ask something about my "self-employment tax."

Turbotax does say that I can go ahead and file, and may need to amend if I get a W-2c later, which I'm pretty sure I won't.

Yeah, you were onto something though as that NEC form is new for 2020 as it relates to the misc income...i'm similar in that i have a very small side biz (LLC) that normally goes into misc income...that also may have triggered it (although TT didn't generate that form), but since doing what i described, did away with it, doesn't make sense, but not worth anymore time trying to really figure it out...i'm low risk and will get the audit defender ..lol 

I AM GETTING THE SAME MESSAGE - HAVE ONE W2 ENTERED - NO SELF EMPLOYMENT TAX TO ENTER.  TRIED THE FIX AND DID NOT WORK FOR ME.

Same problem here.  Just came up today for the first time.  Paid all 6.2% SS tax - doubled checked W2s and all are the correct 6.2%.  Do I just continue to file...I don't know why I would get a W-2c from employers as it is all correct??  Very strange.  We did have a 1099G (Unemployment income) but they don't take SS tax out of that...could that be a reason?

I have this exact same problem. Definitely paid max social security this year, but got an NEC form for VERY small side gig $600. I keep answering NO to everything in that Covid section, but it won't get rid of that annoying message.

....... could be a simple rounding difference in box 4.  Try adding 50cents to box 4 on any W2 that has nearly 50cents on the final digits and see if the  Warning/Notice (and that's all it is) still occurs.

IF it does, then that is what's going on...i.e. just a rounding difference between what your employer did, and what TTX did.

Then return box 4 to it's former # and ignore that notice/warning. 

__________________________

I tested my desktop software.....and for my test, in a situation where the 6.2% was close to $$$$.50..... a value of $$$$.49  in box 4 gave me the warning, and $$$$.50 did not....and that's all a rounding issue.

That didn't work...Same message about W-2c on the way?

Rounding up didn't help.  What's strange is i could have filed last week and had gone through this process and the W-2c on the way never came up all last week....and now today it does?  Just seems like it's a bug or something?

@jmwink72 

Well,

1) IF you are sure of every box 4 entry being exactly 6.2% of box 3.

and

2)  if the rounding of the cents in box 4 wasn't involved (Check EVERY W-2) ..

and

3)  If you have no 1099-NEC or other self-employment income on your tax return..

Then either ignore it...or call Customer Support since none of us can see what's in your tax file.

https://ttlc.intuit.com/community/using-turbotax/help/what-is-the-turbotax-phone-number/00/25632

That notice doesn't stop you from filing...

There's all kinds of bugs fixed every Wednesday or Thursday evenings...and still a bunch more that need correcting, or forms needing updates in the next few weeks....Never file before March....or mid-March this year because of all the COVID "stuff"" bollixing things up.

Did they ever back with you?  I was on for around the same and they said you're probably going to get a W-2c from your employer as it says and tried to explain that all my SS taxes were paid correctly and that this issue just came up today when I had this setup weeks ago - today the issue came up (not yesterday when I reviewed).  Not very helpful.  Seems to just file as I paid the 6.2% on all W2s.

I'm getting the same message. My W2's are entered perfect and BOX 4 is exactly 6.2% of BOX 3.

I'm hoping its a bug.  I plan on giving it a week or two to see if an update fixes it.

I would ignore this as this will not affect your overall tax return and won't prevent you from filing. Don't be surprised if you don't receive a W2C despite what the screen says.

I also get the annoying "Heads Up! You have a w2c coming" message. The suggested Covid fix didn't work. My box 4 numbers are correct and doesn't look like I have a rounding issue.  

I hesitate to submit because I don't want to have to go back and re-submit later. I BUY TURBOTAX SO THAT IT IS RIGHT THE FIRST TIME. 

 I'm going to file and ignore the warning - this is a bug that TT should have caught-  I worked for 1 employer  that took SS taxes and the deferred amount is .13 ! (I rounded down).

I'm getting the same warning, even though my Social Sercurity taxes where not deferred (exactly 6.2%).

I am suddenly getting the same message, which wasn't there when I worked on my taxes a couple of days ago.  All social security taxes have been paid.  Using Turbo Tax Deluxe ,download version and it did an update today.

Y'all can ignore it.  The notice doesn't stop your filing.

IT doesn't affect your taxes either, and if box 4 does have the proper value in the software...you won't be getting a W-2C (At least not for that)

This must be a bug in the latest update as I got this message as well starting yesterday.   

This is an informative message, so it seems like whatever check is being used to see if your company deferred tax withholding is incorrect.    While I understand that won't impact filing, it doesn't inspire a lot of confidence that the calculations that do matter are correct.

I switched back to Turbo Tax because H&R had bugs in my state calculations in a previous year, but I guess I'll consider both again next year.

@JAH42 

This year will be a particularly bad year for bugs...no matter which software provider you use.   All this COVID stuff, and late actions in Congress, and a couple states (MD, DE in particular ) has mucked up everything to no end.

I have no idea whatsoever as to whose software package will be "mostly" bug free before the others.  Best to wait until Mid-to-late March to file anything no matter whose software you choose to use.

This worked for me also - THANK YOU!