much money (SS tax) for the year? Do they have to pay me
back directly? Should I contact IRS tax fraud?
2007-04-16 05:07:44 · 6 answers · asked by judy f 3 in Business & Finance ➔ Taxes ➔ United States
If a single employer over-withholds SS or Medicare tax they are required to refund it direclty to you. This isn't a fraud issue if the amount actually withheld is listed correctly on your Form W-2. It is a procedures issue, however.
You cannot claim excess SS or Medicare withholding from a single job on your tax return, it MUST come from the employer. If the employer refuses to return the funds to you you can file a Form 843 to request it from the IRS but you'll have to document your due dilligence efforts to get it directly from the employer. These requests can take many months to be processed since the refunding of overwithheld SS and Medicare taxes are not an IRS responsibility.
2007-04-16 06:52:14 · answer #1 · answered by Bostonian In MO 7 · 0⤊ 0⤋
That depends on why too much was withheld. Why do you feel that they did? Probably isn't tax fraud, but could be some kind of mistake, or it could be correct. Would need more info to answer your question. What are the numbers in box 1 thru 8 on your W-2?
If you had multiple jobs, and the total you made was more than the social security max, then you'd get it back through your tax return. If that's the case, nobody is trying to defraud anyone.
If too much was taken out, you'll more likely get it back through your tax return rather than directly from your employer, but it depends on circumstances.
Remember, if you receive tips, those are subject to social security tax as well as your wages.
2007-04-16 05:35:13 · answer #2 · answered by Judy 7 · 0⤊ 0⤋
Employers don't "carry" unemployment insurance - it's a tax based on the employee's income. The tax is different for each state. What exemptions does your wife have listed? You need to go to the IRS website and use their W4 calculator to determine what her W4 setup should be. The reason that you are having to pay tax is because of the combined family income.
2016-05-21 03:22:02 · answer #3 · answered by cathy 3 · 0⤊ 0⤋
If you worked for two companies last year, you will need to get W2 from both companies and file them on your 1040.
If the company withheld tax on your behalf, they paid it to IRS already.
2007-04-16 05:10:29 · answer #4 · answered by tkquestion 7 · 0⤊ 1⤋
Happens all the time. There is a line on the 1040 that allows you to deduct that amount from the taxes you owe.
2007-04-16 05:11:31 · answer #5 · answered by lunatic 7 · 1⤊ 1⤋
contact the irs and then sue!! your ex-emplyer for the stress of having to pay too much!! sue him for 1,000,000 dollars!
2007-04-16 05:10:48 · answer #6 · answered by Anonymous · 0⤊ 6⤋