Question

Why do I need to upgrade? You say I paid excess Social Security tax. But I did the calculations and the amount paid is exactly 6.2%. This is your error

Forum|Forum|6 years ago
May 23, 2020
1 reply
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it seems I am not the only one with this problem.
You say I paid excess Social Security tax. But I did the calculations and the amount paid is exactly 6.2%. This is your error

TurboTax Free Edition Online

DoninGA

Employee

If the amount of SS taxes withheld is even $0.01 more than 6.2% of box 3 this will trigger the excess SS message. Just remove the cents from the SS taxes withheld and the excess will be removed and you the upgrade issue will go away.