A friend worked 2 jobs last year and FICA taxes were withheld from both and he exceeded the limit. How and where can he get a refund for this over payment?
2007-02-03 00:42:32 · 4 answers · asked by mike s 1 in Business & Finance ➔ Taxes ➔ United States
There is a line on page two of the return where he can claim the excess FICA as a tax payment similar to federal withholding.
This only works because he had two employers.
2007-02-03 01:50:09 · answer #1 · answered by waggy_33 6 · 0⤊ 0⤋
When he files his tax return he will get the money back on his 1040. It will either reduce the taxes he owes, or will be refunded. I have had this happen a couple of times. If he uses software to file his return the entering of the W-2 information will prompt the correct answer and show the extra amount essentially as taxes paid.
2007-02-03 01:18:33 · answer #2 · answered by BHWMST 3 · 1⤊ 0⤋
hai for any details regarding the taxes go for the tax filing websites. you can attain information from those. here is one of the site address
2007-02-03 01:11:58 · answer #3 · answered by Anonymous · 0⤊ 0⤋
On his 1040, line 67.
2007-02-03 13:18:52 · answer #4 · answered by Judy 7 · 0⤊ 1⤋