Question

Overpayment Social Security due to multiple W2s

Forum|Forum|6 years ago
May 17, 2020
1 reply
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I have overpaid to Social Security in 2018 and 2019 which was due to multiple W2s.

Last year I didn't pay attention, I thought I will get the overpayment with my refund. I would like to verify that.

In this thread, it was suggested to check Schedule 3. The problem is I don't see Schedule 3 in my return.

How do I verify that I was paid back the overpayment I made.

Also, Do I need to file form-843 separately to claim the overpayment, or TurboTax is supposed to take care of it when I file my tax return.

VolvoGirl

Employee

There were line and schedule changes from 2018 to 2019.

For 2018, If you had more than one employer and the total of box 4 (only box 4 not box 6) on all your 2018 W2s for Social Security is more than $7,960.80 you get the excess back on your tax return. And it is for each spouse separately, not combined. Check 1040 schedule 5 line 72 for it. Then schedule 5 goes to 1040 Line 17.

For 2019,

If you had more than one employer and the total of box 4 (only box 4 not box 6) on all your 2019 W2s for Social Security is more than $8,239.80 you get the excess back on your tax return. And it is for each spouse separately, not combined. Check 1040 Schedule 3 line 11 for it. Then Schedule 3 goes to 1040 line 18d.