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javeschi
New Member

The system is saying that I need Deluxe because I have Medicare Tax (Form 8959) and I don't. What do I do?

 
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2 Replies
MonikaK1
Expert Alumni

The system is saying that I need Deluxe because I have Medicare Tax (Form 8959) and I don't. What do I do?

Check your entries on your Form W-2s. There may have been a mistake in entering Medicare Wages, Box 5 of the Form W-2 so that it appears to TurboTax that the Additional Medicare Tax applies.

 

A 0.9% Additional Medicare tax applies to Medicare wages, self-employment income, and railroad retirement (RRTA) compensation that exceed the following threshold amounts based on filing status:

  • $250,000 for married filing jointly;
  • $125,000 for married filing separately; and
  • $200,000 for all other taxpayers.

This additional tax is used to help fund the Affordable Care Act tax provisions, including the premium tax credit.

 

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The system is saying that I need Deluxe because I have Medicare Tax (Form 8959) and I don't. What do I do?

you may need to adjust the entries by a few cents due to some rounding problem - see

 

https://ttlc.intuit.com/community/taxes/discussion/turbotax-says-i-have-additional-medicare-tax-form...

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