Question

Additional tax owed on federal 2018

Forum|Forum|6 years ago
July 17, 2019
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VolvoGirl

Employee

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M

mshroutAuthor

further review shows they changed the schedule 5 amount on excess social security amount claimed. they indicate that i incorrectly calculated the amount. do I need to review the turbo tax schedule 5?

VolvoGirl

Employee

Are you married and filed Joint? And you both had W2s? The IRS is probably right. They usually are in this case. You assigned both spouse's W2 to the same person so it looked like that person went over the max.

For 2018. Do you still have copies of all the W2s? Look at box 4. Did either of you have more than 1 employer? You only get excess SS back if one person had more than 1 employer and those employers took out more than the max of $7,960.80. So add up your W2 box 4. Is it more? Then add up your spouse's W2 box 4. Is their box 4 more than $7,960.80?

Or check W2 box 12. You may have entered Code A by mistake.

THEN for 2019 if you transfer over from 2018 you should delete ALL the W2s and re-enter them from scratch making sure to assign them to the right spouse.