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New Member
posted Dec 15, 2024 8:15:04 AM

For 2023, If I filed "married filed jointly", is my social security cap 160,200? If we both worked at separate jobs and we paid more than 9,932.40, can we get a refund?

Does the maximum limit on earnings for withholding social security taxes apply to a married couple as combined income? Or does the maximum limit apply to just individuals? So, if I filed "married filing Jointly" and we paid excess social security combined from two different jobs, can I get a refund of the excess paid?

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1 Best answer
Level 15
Dec 15, 2024 8:23:23 AM

The excess SS "cap" is a per person amount---not an amount for the couple.    When you enter your incomes, you need to make very sure that you enter each W-2 under the specific spouse's name in the software.  The income screens will have spots with each of your names.   If you make a mistake and enter all of the income (and  thus all of the SS) under only one spouse's name, it could look like excess SS was withheld resulting in a refund.  When the IRS catches the mistake a year or two later, you would get a nasty letter demanding repayment of the inflated refund with interest.

3 Replies
Level 15
Dec 15, 2024 8:20:22 AM

The Social Security income cap for paying SS taxes is per individual regardless of your tax return filing status.

Level 15
Dec 15, 2024 8:23:23 AM

The excess SS "cap" is a per person amount---not an amount for the couple.    When you enter your incomes, you need to make very sure that you enter each W-2 under the specific spouse's name in the software.  The income screens will have spots with each of your names.   If you make a mistake and enter all of the income (and  thus all of the SS) under only one spouse's name, it could look like excess SS was withheld resulting in a refund.  When the IRS catches the mistake a year or two later, you would get a nasty letter demanding repayment of the inflated refund with interest.

New Member
Dec 15, 2024 8:29:59 AM

thanks for the quick reply.  I just wanted to make sure I didn't miss out on possibly a really nice loophole.