Certain government employers some federal, state and local governments don't have to withhold Social Security tax. Your employer should adjust the excess for you. If the employer doesn't adjust the overcollection, you can use Form , Claim for Refund and Request for Abatement to claim a refund.
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Toggle search Toggle navigation. Breaking News. Column From the Tax Adviser. Nevius, editor-in-chief The Tax Adviser Also look for articles on the following subjects in the July issue of The Tax Adviser : A discussion of deducting losses for defrauded investors.
An examination of clergy tax rules. Your employer is supposed to withhold 6. If one employer withheld too much Social Security tax, you won't be able to take a credit for the excess on your tax return.
TurboTax determines this by looking at your employer's EIN. In unusual cases where the employer changed their EIN during the tax year, an excess withholding credit can be taken as explained in "Multiple employers," above. Do not file with excess withholdings on your return, as you may be subjected to penalties and interest.
You can correct the Box 4 amount yourself before filing. Simply multiply the amount in Box 3 by a factor of 0.
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