But my employer did NOT! I know this for a fact because I run payroll for the company. Also when I look at my W-2 the FICA and Medicare taxes withheld are exactly what they should be @ 6.2% and 1.45%
Please tell me this is an error in the software because I know my phone and e-mail will soon be overwhelmed with employees asking about this...
You'll need to sign in or create an account to connect with an expert.
That is a well-known bug that cropped up Thursday morning...and is supposed to be fixed this coming week. AND, in no way stops people from filing.
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It is supposedly a "helpful" notice (which may not be helpful) , and does not change, or stop your filing of taxes in any way.
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It is likely just a calculation screw-up in the software ...that does not affect your taxes in any way. (a bug introduced in Wed night's update...One TTX Rep said they'll fix that by the end of next week)
Just edit each W-2 you entered, and make sure box 4 is entered to be the same number as on your paper/PDF W-2 from that employer. If box 4 is 6.2% of box 3...then nothing is wrong, and ignore that notice entirely.
(unless box 4 is significantly lower than 6.2% of box 3...then the notice is valid...but it is just a reminder/"Notice" and you can still file without doing anything else)
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thanks!
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