Excess Social Security Not Calculating Correctly - ProSeries Professional

Forum|Forum|4 years ago
March 2, 2022
2 replies
34 views

I have a client whose Box 3 and 5 amounts are both $225389.99 on a single W-2 (the result of a mid-year merger so not a typo). SS Tax withheld in Box 4 is $13974.73. Proseries Professional is NOT applying the excess the Schedule 3 Line 11 as an overpayment. I tried splitting the W-2 into 2 entries but no joy. Interestingly when I change the EIN on the second entry it works. But of course I can't file that way.

Any ideas??

Bob

ProSeries Professional

This topic has been closed for replies.

Best answer by Just-Lisa-Now-

They need to get that excess back from the employer.

You can only get excess on the tax return if it was due to having multiple employers.

sjrcpa

Level 15

You can only use excess SS wh on a 1040 if it is from 2 or more employers.

If one employer withheld too much, the client has to get a refund from the employer.

The more I know the more I don’t know.

Just-Lisa-Now-

Answer

Intuit Community Champion

They need to get that excess back from the employer.

You can only get excess on the tax return if it was due to having multiple employers.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

R

rkohara01Author

Level 3

Thanks! Appreciate the prompt reply.

Bob

R

rkohara01Author

Level 3

Well, I think I found a solution. Going back to the source for the Excess SS on Schedule 3 I found a Smart Worksheet (Part II, Line 10). ProSeries populates the calculated excess in a field that can be overwritten. I just amended the return to claim the excess SS and it passed Intuit edits. Just to be sure I attached a pdf of the W-2. Hopefully this will work.

Bob

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