Why does it say I paid excess Social Security tax and I need to upgrade to Deluxe? I made $1675.08 and paid $103.86 (which is 6.2%) to Social Security.
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Why does it say I paid excess Social Security tax and I need to upgrade to Deluxe? I made $1675.08 and paid $103.86 (which is 6.2%) to Social Security.
Why does it say I paid excess Social Security tax and I need to upgrade to Deluxe? I made $1675.08 and paid $103.86 (which is 6.2%) to Social Security.
Reduce the amount of SS taxes paid by $0.01 cent and it should resolve the problem.
Why does it say I paid excess Social Security tax and I need to upgrade to Deluxe? I made $1675.08 and paid $103.86 (which is 6.2%) to Social Security.
It's because of rounding. 6.2% is actually 103.85496. So .86 cents is too much. Even one penny over from rounding will be excess. So leave off the cents!
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