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Level 5
January 15, 2025
Solved

IRS 2024 Social Security limit error

  • January 15, 2025
  • 3 replies
  • 8 views

Really? Still using the 2023 limit?

This topic has been closed for replies.
Best answer by IRonMaN

Sorry that none of your clients make more than $168K


Yeah, i don’t have any clients with W-2s over minimum wage🙄.  

My point is, if you know the software is using the wrong cap, you know it’s wrong but if your memory is real bad and you can’t remember the cap write the amounts on a post it pad and stick it on your computer screen.  It isn’t going to prevent you from properly preparing the W-2s, so it isn’t going to put your practice on hold.

3 replies

Level 4
January 15, 2025

Hey that's close enough right? I don't have a FIRE login so I'm having to type in 1099's by hand even though the software should be able to make that file.

pkellycpaAuthor
Level 5
January 16, 2025

Remind me of why we pay for this program.

Seems like they assign their lowest paid trainee software engineer to prepare the updates.

No pre issue testing or supervision required.

IRonMaN
Level 15
January 16, 2025

But they are getting closer to the right year.  Someone posted early on that their W-3 had 2014 for the date.

Slava Ukraini!
Level 5
January 20, 2025

Anyone hear a timeframe on them getting this fixed?

pkellycpaAuthor
Level 5
January 20, 2025

Probably February 1.

Level 4
January 20, 2025

Sad but true!! I feel like the proverbial red headed stepchild using this software sometimes.

IRonMaN
Level 15
January 20, 2025

But on the bright side, that isn't a critical error.  They could have broken the software a lot worser than that if they tried a little harder. 😅

Slava Ukraini!