Question

Does turbo tax incorrectly file schedule 5?

Forum|Forum|6 years ago
June 8, 2019
4 replies
0 views

I received a letter from the IRS stating my W2's do not support an excess SS withholding. I check schedule 5 and the total of the w2's and everything seems correct. How does this happen?

TurboTax Home & Biz Windows

S

SweetieJean

Employee

Did you file a Joint return? If so, perhaps you assigned one or more W-2 forms to the wrong person.

M

mike-c1Author

Both w2's have my SS number assigned ???
Kind of a pain

VolvoGirl

Employee

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.

Send the IRS copies of your W2 supporting the excess SS in box 4.

A

Anonymous

if you any one employer overwithheld social security - more than 6.2% times on up to a maximum of $128,400 - then the refund can only come from your employer.