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470pitt
Level 5
May 15, 2021 3:53 PM UTC
Question

Social Security Tax reduction

Why on one of my tax returns did the IRS take away the SS reduction tax

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3 replies

abctax55
abctax55
Level 15
May 15, 2021 4:13 PM UTC

What is this "SS reduction tax"?  It sounds great, I'd like MY SS tax reduced 😉

HumanKind... Be Both
    Just-Lisa-Now-
    Just-Lisa-Now-Intuit Community Champion
    Intuit Community Champion
    May 15, 2021 4:14 PM UTC

    You mean the SE tax deferral?     If the return had a refund on it, you weren't allowed to defer the SE tax, since you cant defer something thats already been paid.

    ♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
      abctax55
      abctax55
      Level 15
      May 15, 2021 4:37 PM UTC

      Yep... I'm guess that's what the OP meant.  BUT, words, *specific* words are important in this profession.

      Deferral & reduction do NOT mean the same thing 🙂

      HumanKind... Be Both
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