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April 1, 2021
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I didn't defer any Social Security Taxes last year. Why does Turbo Tax tell me I'm getting a W2-c? Did I enter something incorrectly?

  • April 1, 2021
  • 1 reply
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    Best answer by AmyC

    No, you probably don't have a problem but let's double check. Look at your w2. Box 3 plus box 7 = $$$$ multiply that times 0.062 =  close to box 4,  then life is good.

     

    The program is having a little trouble with executive ordering and the deferral allowed of Social Security taxes. Plus, sometimes the numbers will round and throw the computer off. If it is near box 4, life is good.

     

    1 reply

    AmyC
    AmyCAnswer
    Employee
    April 1, 2021

    No, you probably don't have a problem but let's double check. Look at your w2. Box 3 plus box 7 = $$$$ multiply that times 0.062 =  close to box 4,  then life is good.

     

    The program is having a little trouble with executive ordering and the deferral allowed of Social Security taxes. Plus, sometimes the numbers will round and throw the computer off. If it is near box 4, life is good.

     

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    April 1, 2021

    Thank you so much --  the total is spot on the number in Box 4!