1) IF the two W-2 forms were for different employers, but they used the same Payroll Agent that issued the W-2 forms, then the EIN for both forms is the same, and there is a known bug in the software that doesn't put in the credit. It's being worked on....wait 2 weeks and try again
2) If the two employers are unrelated to each other, and issued their own W-2 forms, then the EIN on each W-2 would have to be different. Double check what you entered for each Company's EIN, they should be different. But the credit for the overpaying of SS in box 4 of the two W-2 forms would then be shown one line 11 of the schedule 3, and added into line 18d of the form 1040...look for it there.
If you enter your 2 or more forms W-2 in TurboTax, the amount of excess social security tax withheld will be calculated by TurboTax and included as a credit on your tax return. You will not receive a separate refund.
To check that this credit is on your form 1040, you can preview this form by following these steps:
Please also be aware of the issue mentioned by Champion @SteamTrain above.
Edited 01/27/2020 | 6:30 PM PST
My situation falls under option 2 but I am still not seeing the credit on Schedule 3.....is the bug still being worked on?
Option 1 is not being worked on, and TTX claims they won't support it this year. (though, folks who use Desktop software can manually correct the problem in Forms Mode)
Option 2 is working....BUT...if you are not seeing it on your forms for line 11 on Schedule 3, then try deleting both your W-2 forms, and re-entering them (being careful to select the right person if filing jointly with spouse).
Also, make sure that box 4 is exactly 6.2% of box 3 on each W-2.
.....Or...if you are high income for one-or-more W-2 forms, make sure that box 3 is not greater than 132,900 and box 4 is not greater than 8239.80.
Thanks I have a funny feeling that this could be part of the problem....I did max out on one of the W-2's so the percentage would not be 6.2% but something less and then in the other W-2 it would be 6.2%...that may be why Turbo Tax is not picking it up. I will try and delete them and reenter to see if it fixes it.
1) make sure the box 3 value is no greater than 132900 on that max'd out W-2. IF it's greater on your paper W-2, then you'll need a corrected W-2 from that employer.
2) The second W-2 must be from a clearly different employer, with a different Employer EIN ....or no Sched 3 will show up.