Fooking hell . I paid more in ssn taxes then state taxes
60k in ssn tax and 40k in CA state taxes as couple. How is it fooking possible
Than*
When you are self employed, you have to pay both the employee portion (capped) and the employer portion (uncapped).
Unless you are self employed there is no way you paid that much. Even if you changed jobs the overpayment is retuned to you when you file taxes
Used turbo tax so you say they fixed it in final filing
No wonder intuit stock is soaring. well done op
How? Isn't SSN tax maxed at like 160K wages or something?
Something like that. Shocked me when I went over that for the first time, and my take home went in substantially for the rest of the year.
do u like it
Somebody forgot to fill form 1040 Schedule 3 line 11 (âexcess social securityâ)
how is it possible? You have a bad tax advisor.
Does your partner work? If not, this doesn't sound crazy
Capped at $9,920 for a w2 or $19,840 for self employed. OP just majorly overpaid
Itâs not the max ss tax is around 10k. You should find a new accountant