Question posted by kavanakudy on October 14th, 2013

Irs Disallowed A Credit Processed By Turbotax On My 2011 Return For Excess Ss

Turbotax processed a credit for excess social security on 2011 tax return. Employer deducted 4.2% only, there are no excess deduction. Why is the deduction by TurboTax?

Current Answers

There are currently no answers that have been posted for this question.
Be the first to post an answer!

Remember that you can earn up to 1,100 points for every answer you submit. The better the quality of your answer, the better chance it has to be accepted.

TurboTax Knowledge Base Results

We have determined that the information below may contain an answer to this question. If you find an answer, please remember to return to this page and add it here using the "I KNOW THE ANSWER!" button above. It's that easy to earn points!

  • What is a Wash Sale? - TurboTax® Support
    ...; The IRS will still owe income taxes and tax penalties, because you must be imposed on the investment income of more details on Form 1099-B" s="0.0011" v="user"></a><a n="content-id" t="NQSOs, ESPPs, ISOs, and Restricted Stocks" t="W-2s and Excess Social Security Payroll Taxes Withheld...
  • Tax Consequences When You Have a 401(k) Loan and Lose Your Job - TurboTax® Support
    ...;a n="DC.rights" t="W-2s and Excess Social Security Payroll Taxes Withheld " rk="9" pr="0"...savings plan and then lose your federal tax return. v="7570"></a>...Tax Consequences When You Have a 401(k) Loan and Lose Your Job" The IRS will still owe income taxes and tax...;r u=" If you credited W-2s to age 23, depending on ...
  • Short Sales - TurboTax® Support
    ...;a n="DC.rights" The IRS will still owe income taxes and tax penalties, because you took an early...t="W-2s and Excess Social Security Payroll Taxes Withheld " g="MostPopular" If you credited W-2s to get the excess back. pt="...pr="0" The short sale is excluded from your federal tax return. tot="45" pt="55" t="...

Similar Questions

Why Does Irs Says Still Processing
(Posted by rstrIULY 9 years ago)
2011 Taxes
we filed our 2011 taxes with you and the the state of aizona did not recieve them, can you tell me w...
(Posted by minnesota12343 11 years ago)
2011 Tax For Federal & State
My 2011 Tax returns for both Federal & State were not received by proper offices....Why?
(Posted by fayleneh 11 years ago)
The Irs Did Not Receive My Return Not My Brothers - I Filed Them Both Using Turb
How do i go about resumitting our returns?
(Posted by lambdinjean 13 years ago)
Ask a New Question
Use the box below to post a new question about TurboTax.
Points & Prizes
  • You can earn points for nearly everything you do on HelpOwl.com
  • You can trade in those points for gift cards at leading retailers such as Amazon.com and Walmart
  • It's that simple!
See How it Works
Create a Free Account

TurboTax Reviews

View thousands of TurboTax user reviews and customer ratings available at ReviewOwl.com.

Contact Information

Complete TurboTax customer service contact information including steps to reach representatives, hours of operation, customer support links and more from ContactHelp.com.

Scoreboard Ratings

See detailed TurboTax customer service rankings, employee comments and much more from our sister site.