Excess fica withheld

Excess fica or social security withheld . Should not have a value no more than 1 w2

posted

Are you filing a joint return ? Do you both have a W-2 ? If so were they marked for the correct person ?

Review that excess screen again carefully ...

1) IF you entered only one W-2 in the tax program, edit it in the software to make sure you didn't mis-enter the $$ in box 3 or box 4 (don't use a comma for the decimal point).

2) If you are Married and entered a spouse's W-2 also, make sure you didn't tag her W-2 as yours (or the other way around)

3) If you entered two W-2 forms for yourself.....explain more. Are the Employer EINs the really same for both companies ? Was the same payroll agent used to issue the two W-2 forms such that both employer EIN's are the same?

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