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Level 2
May 8, 2020
Question

Erroneous excess Social Security tax

  • May 8, 2020
  • 2 replies
  • 23 views

I'm being told to upgrade because I paid excess Social Security tax. Based on my research about excess social security tax, this is impossible, as I did not earn more than $132,900 in wages, or pay more than $7,960.80 in social security taxes. I have triple-checked all of my W2s/Box 4 withholdings.

 

See worksheet 3-1 in 2019 Publication 5050: https://www.irs.gov/pub/irs-pdf/p505.pdf

 

See @SusanY1's answer to this related question: https://ttlc.intuit.com/community/retirement/discussion/re-i-m-being-told-to-upgrade-because-my-spouse-paid-excess-social-security-i-calculated-the-per/01/1358107/highlight/true

And also @Opus 17 's answer to this related question: https://ttlc.intuit.com/community/taxes/discussion/turbo-tax-won-t-let-me-fill-a-free-edition-they-say-i-paid-excess-social-security-tax/00/1312997

 

Why is this update required? 

2 replies

DoninGA
Level 15
Level 15
May 8, 2020

Is the amount of your total SS taxes withheld in box 4 of all your W-2's greater, even by $0.01 cent, than 6.2% of the total of all box 3 wages on your W-2's?

Level 2
May 8, 2020

Yes, by $0.01! I also just found your answer on another post from May 2. Thank you for the help.