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Social security withholdings

I have worked for two employers and the program is smart enough to recognize that I have paid more in social security taxes and it would credit the excess amount in my return. I allowed turbo tax to download my W2 directly from the website. When I ran the smart check, the program complains that since I have deferred social security taxes last year, I will get a W-2c from my employer once I have repaid them. Why am I getting this message?

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1 Reply

Social security withholdings

AS long as box 4 is exactly 6.2% of box 3 on each individual W-2 form..

Then...

That's a known bug in the program introduced last Thursday and is annoying thousands of people.

 

IS supposed to be fixed this coming week..

 

Run thru things again on Friday, and that problem should be gone.....(unless other unintended consequences from the "fix", ensue)

 

____________*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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