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Turbo Tax did not enter CASDI number from box 14 of my W2 in line 74 of 540 for CA state tax

I used TurboTax Premier Desk top last year as well as this year.

 

  • For 2022, the value of CASDI number from box 14 of my W2 was entered in line 74 of 540 for CA state tax: Excess SDI (or VPDI) withheld. That value was added to Total payments from which the amount I owed was calculated.
  • For 2023, I see the value of CASDI number from box 14 of my W2 in Wage and Tax Statement (of generated pdf) - which means it captured the value. But line 74 of 540 for CA state tax: Excess SDI (or VPDI) withheld - is empty and hence was not added to Total payments resulting in me owing more state tax.

Please help me understand the difference or if I am missing something.

 

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1 Best answer

Accepted Solutions

Turbo Tax did not enter CASDI number from box 14 of my W2 in line 74 of 540 for CA state tax

Why did you have an excess CASDI?  Do you have more than 1 employer?  It shouldn't just put the amount from box 14.  You only get back excess if you had 2 or more employers and together they took out more than the max.  And the rate changes each year.

 

For 2023.  CASDI is 0.90% on a max of  $153,164 of wages. Max is 1,378.48.  The SDI Withholding Rate for 2023 is 0.90 percent of wages up to a max of $1,378.48.

 

For 2022 the maximum tax is $1,601.60 per employee, per year ($145,600 x .011).   The SDI Withholding Rate for 2022 is 1.1 percent. The SDI taxable wage limit is $145,600 per employee for calendar year 2022.  The maximum to withhold for each employee is $1,601.60

 

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3 Replies

Turbo Tax did not enter CASDI number from box 14 of my W2 in line 74 of 540 for CA state tax

Why did you have an excess CASDI?  Do you have more than 1 employer?  It shouldn't just put the amount from box 14.  You only get back excess if you had 2 or more employers and together they took out more than the max.  And the rate changes each year.

 

For 2023.  CASDI is 0.90% on a max of  $153,164 of wages. Max is 1,378.48.  The SDI Withholding Rate for 2023 is 0.90 percent of wages up to a max of $1,378.48.

 

For 2022 the maximum tax is $1,601.60 per employee, per year ($145,600 x .011).   The SDI Withholding Rate for 2022 is 1.1 percent. The SDI taxable wage limit is $145,600 per employee for calendar year 2022.  The maximum to withhold for each employee is $1,601.60

 

Turbo Tax did not enter CASDI number from box 14 of my W2 in line 74 of 540 for CA state tax

Thank you. Understood. I had 2 employers in 2022. That's probably the reason.

Turbo Tax did not enter CASDI number from box 14 of my W2 in line 74 of 540 for CA state tax

Yep.  That's what I thought.  

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