Lynn EA USTCP in Louisiana Posted March 28, 2011 Report Share Posted March 28, 2011 This client lives in NJ. Box 3 social security wages are OVER the soc sec limit of $106,800 by $225.00. The reconciliation for social security wages reflects gross pay $113,089 less 401(k) n/a less medical fsa ($1,000) less other cafe 125 ($2574) wages over limit ($2,490) to yield Reported Soc Sec wages/W2 $107,025 I have an email to the client but wonder if ANYONE ELSE has ever seen something similar and could comment. My turn to be 'brain dead'. Employer erred - employee should ask employer to refund the overwithheld soc sec taxes, all of $13.95. No further responses required. Thanks, Lynn Lynn Jacobs, EA, FNTPI, NP Kenner, LA Quote Link to comment Share on other sites More sharing options...
Catherine Posted March 28, 2011 Report Share Posted March 28, 2011 Or claim the excess contribution on Line 69 of the 1040? Quote Link to comment Share on other sites More sharing options...
Lynn EA USTCP in Louisiana Posted March 28, 2011 Author Report Share Posted March 28, 2011 Or claim the excess contribution on Line 69 of the 1040? Catherine that's available only if there are more than one employer. Quote Link to comment Share on other sites More sharing options...
Pacun Posted March 29, 2011 Report Share Posted March 29, 2011 If you enter all the figures on the W-2 as they appear, you will get a credit on 1040 automatically. Quote Link to comment Share on other sites More sharing options...
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