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Are you importing the W-2? If so, delete the imported W-2 and enter it manually instead. Then the number in box 4 will be what you enter. Entering it manually only takes a couple of minutes. It will be much faster and easier than trying to figure out why it doesn't import correctly.
Box 4 is for Social Security withholding. It should be box 3 x .062 up to a max of $9,932.40 on $160,200 of wages. Did you get any message like your employer took out too much? How much is the difference?
Thank you for this information. It is about $53 difference
Thank you. It says my employer owes me $0.01
Ok then leave the cents off of box 4. What is in box 3 & 4 on your W2? What shows up on Turbo Tax for box 4?
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