Question

social security

Forum|Forum|6 years ago
January 11, 2020
1 reply
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do I put my SS with holding in what section?

Employee

Social Security federal taxes withheld as reported on your SSA-1099 are entered in the same section of the program when you enter the SSA-1099.

To enter Social Security benefits reported on form SSA-1099

Click on Federal Taxes (Personal using Home and Business)\
Click on Wages and Income (Personal Income using Home and Business)
Click on I'll choose what I work on (if shown)
Scroll down to Retirement Plans and Social Security
On Social Security (SSA-1099, RRB-1099), click the start or update button

Or enter ssa-1099 in the Search box located in the upper right of the program screen. Click on Jump to ssa-1099

X

xmasbaby0

Employee

Or are you asking about where to enter the amount withheld by your employer for Social Security because instead of waiting for your W-2 you are trying to file with a pay stub?

CAN I USE MY PAY STUB TO PREPARE MY TAX RETURN?

Please do not try to use your pay stub to prepare your tax return. It will not match the W-2 that you will get from your employer in just a few short weeks. Your employer has until the end of January to give you your W-2. By waiting for your W-2 you will be able to file accurately. If you try to guess what goes in the W-2 “boxes” and mess up your return, you will need to amend. It takes about 4 months to amend a tax return. The IRS will not be accepting 2019 returns until the end of January — so you can wait for your W-2. If you are hoping to get a quick tax refund by filing early, using your pay stub might have the opposite result. Your tax return will not match the W-2 reported to the IRS by your employer; this may result in rejection of your return — or if accepted, could actually delay your refund for months. And, if you are hoping to get EIC or the refundable amount of the child tax credit, your refund will not be released until late February anyhow. It is much wiser to wait for your W-2 and file correctly.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**