Deferred Employee SS tax

Forum|Forum|5 years ago
March 4, 2021
3 replies
14 views

I have an individual who had her social security tax withholding a deferred in 2020. Her return is showing it due now, however it is being recouped in 2021. How do I signify to the return her withholding was deferred?

ProSeries Professional

This topic has been closed for replies.

rbynaker

Level 13

Where are you seeing SS tax due on the return (what line/form/schedule)? Is there also a Schedule C (or F or P'ship, some other income subject to SE tax)?

I have some FedGov folks in the queue but haven't played around with this yet. It *shouldn't* have any impact on the income tax return but I'm wondering if maybe it impacts the SE tax calculation?

There are a lot of dumb things that come out of Washington, this was one of the dumbest. I'm hoping I can ignore it in most cases (supposedly a W-2c will be issued after the SS tax is caught up at the end of the year). The only employer I've seen actually do this so far is FedGov. <smh>

Rick

B

BusinessWise2021Author

Level 2

She does have a Schedule C as well, but on Schedule 2 line 4 it reported way more SE due than 15.3%. I went in and messed around with the SE deferral and it is now showing the correct amount due on Sch 2... don’t ask me what I did. Oy. Hopefully you don’t run into this!

Just-Lisa-Now-

Intuit Community Champion

Ive had a few of these, I dont see it being shown "as due" anywhere...where do you see it? on which form?

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

Sign up

Login with SSO

Let's get you signed in

Login with SSO