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June 6, 2019
Question

Overpayment of social security

  • June 6, 2019
  • 1 reply
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I have overpayed almost 5000.00 -- how do I get that back

1 reply

June 6, 2019

If you had two or more employer's and the total Social Security taxes withheld were over $7,254 and no single employer withheld more than $7,254, then the excess taxes withheld will be entered on Line 71 of your Form 1040 as a tax payment.  If your total tax payments are greater than your tax liability then you will receive a refund for the overpayment.