Question

Excess SS withholding, due to two seperate employers, the excess SS tax not being added to Fed tax paid in Turbo Tax?

Forum|Forum|6 years ago
February 2, 2020
3 replies
0 views

I have two W2's from tow different employers, and answered "Yes" to the question "Are all W2's listed above from different employers?" however the ~$7K in SS tax overpayment is not being added to my Fed taxes paid. Seems like the form is not calculating correctly.

DoninGA

Employee

This is a known problem and has been reported to the TurboTax Moderators. Waiting on a fix...

M

MHMAuthor

Thank you!!

A

Anonymous

is there a paying agent involved so both w-2's show the same EIN. (TT will not calculate excess soc sec since the"employer" is supposed to refund it which is not correct) if not make sure the right taxpayer is shown

if the ein is the same, TT is working on this issue. it's been an unrecognized issue for many years.

if your married and each has a w-2 they are not combined to see if there is excess soc sec withheld.

F

fggill1012

I have encountered same issue - but it is now March 19 and still no fix??