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January 30, 2025
Question

box 4 security security

  • January 30, 2025
  • 2 replies
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    2 replies

    KrisD15
    January 30, 2025

    To clarify, are you asking about Box 4 on a Form SSA-1099?

    Did you have to repay Social Security in 2024?

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    VolvoGirl
    Employee
    January 30, 2025

    Or box 4 on a W2?   Did you have 1 W2 or more than 1 employer?  

    There are 2 different situations when it will say Employer may have paid too much Social Security. It’s saying either 1 employer took out too much SS –OR- that you paid too much SS because you had more than 1 employer.

     

    See this Turbo Tax help article
    https://ttlc.intuit.com/turbotax-support/en-us/help-article/social-security-taxes/get-refund-excess-social-security-tax-withheld/L1JTKMb7Q_US_en_US?uid=lt7ojgpu#sh-viewContent-details_without_placeholder_tagscollapse1

     

    ONE EMPLOYER
    First of all try leaving the cents off box 4.
    Check boxes 3 & 4 on your W2. Box 4 should be 6.2% of box 3 up to a max of $10,453.20. So take the amount in box 3 and multiply it by .062. If box 4 is more than that you need to get a corrected W2 from your employer. But also go back and double check your W2 entries, you may have entered box 3 & 4 wrong. A lot of people who have asked this found they did enter an amount wrong.


    Or check W2 box 12. You may have entered Code A by mistake.

     

    A sure way to fix this is to delete the W2 and re-enter it. That may clear something out.