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Excess social security and tier 1 RRTA tax withheld

Forum|Forum|3 years ago
April 6, 2023
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What is Excess social security and tier 1 RRTA tax withheld on Schedule 3?

Best answer by VolvoGirl

Did you have more than 1 employer? For 2022 the max for Social Security is $9,114.00 on $147,000 of wages (147,000 x 6.2%). Check box 4 on your W2s. If you are married check if each W2 is assigned to the right person.

You get excess SS back if one person had more than 1 employer and those employers took out more than the max of $9,114.00 (for 2022) W2 box 4. If one employer took out more than the max you have to get it back from the employer.

VolvoGirlAnswer

Employee

Did you have more than 1 employer? For 2022 the max for Social Security is $9,114.00 on $147,000 of wages (147,000 x 6.2%). Check box 4 on your W2s. If you are married check if each W2 is assigned to the right person.

You get excess SS back if one person had more than 1 employer and those employers took out more than the max of $9,114.00 (for 2022) W2 box 4. If one employer took out more than the max you have to get it back from the employer.