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Block 7 Form W-2 for 2024

I have a W-2 with $627. reported in Block 7.  When I reviewed the resulting return, I had $77. in other taxes reported on line 23 Form 1040 as self-employment tax. 

I had corrections to make on the Turbo Tax entries, which did not change the $627. entry.  However, the $77 disappeared after the unrelated corrections.

Question: Is the initial recording of a $77 SE tax correct?  If so, how do I get the $77 entry back on the return?

Please advise,

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1 Best answer

Accepted Solutions
DawnC
Expert Alumni

Block 7 Form W-2 for 2024

You don't owe self-employment tax on box 7 (social security tips).   The SE tax was generated from something else on your return.  

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2 Replies
DawnC
Expert Alumni

Block 7 Form W-2 for 2024

You don't owe self-employment tax on box 7 (social security tips).   The SE tax was generated from something else on your return.  

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Block 7 Form W-2 for 2024

Thanks for the quick response. I agree with your answer.

I was able to confirm  your answer, by adding the W-2 Social security wages (block 3) and block 7 amount together, and multiplying the sum by .062; producing a product equal to Social security withheld in block 4.

The original $77 self employment tax remains an unknown factor, and most appropriately gone.

Best Regards.

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