Are any of you getting a form 8959 (additional Medicare Tax) for excess withholding reconciliation (Part V) when there is only one W-2? Is there a way to override this?

[SandyB]

I believe the employer is suppose to take care of adjusting additional withholding if it is just on one W-2. Is it okay to show as additional withholding on your tax return when it is on just one W-2?

[abctax55]

What are the Taxable wages, and Medicare wages on the W-2.  And what is the medicare w/h on the W-2?

Did you follow the math on the F - 8959?

[SandyB]

Taxable wages are $204956

Medicare wages are $209918

Medicare withholding is $3133

Yes math was followed on 8959. Math is correct. 

However, even the first line in Part V says "If you have more than one W-2....." and I believe the employer is suppose to take care of the over-withholding correction if it is just one W-2 as it is in this situation. 

I just am not sure if it is appropriate to claim the additional Medicare tax withholding when there is only one W-2. 

[sjrcpa]

Read up on Additional Medicare Tax and the Form 8959.

Above a certain amount of wages, additional Medicate tax is withheld and due.

This has been around for several years.

[abctax55]

209,918 x 1.45% = 3,044.  

It appears that the one employer did overwithhold by $ 89.    THAT should be refunded by the ER.

It has nothing to do with the F.8959.

[sjrcpa · Accepted solution]

9918 x .009 = $89 and is the appropriate addl withholding when wages are >$200K I believe.

[abctax55]

Oh yeah.... forgot that part 😉    I see that when I look at payroll processing.

[SandyB]

Thank you!

[sjrcpa]

You're welcome.

[abctax55]

Glad this is solved.... BUT where did F.8959 come from and is it now gone??

[sjrcpa]

It should be there.

Even if this person is not subject to the additional tax - i.e. they file a joint return and spouse has no wages or SE income, or the joint total is <$250K- you show the add'l withholding on the 8959 and it counts as addl federal withholding on the 1040,

[abctax55]

OK..... thanks.... I seem to be completely misreading the question...it's been a long week 😞