Excess social security override
How do I override excess social security on Line 69 on Form 1040 in Lacerte?
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b-k2tSut8r4yUOacwZ5xHE
02/06/12 7:56pm PST
Viewed by asker 02/12/12 5:13am PST
Viewed by asker 02/12/12 5:13am PST
9 Replies
Accountant Man
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02/06/12 8:13pm PST
Why? Is it incorrect, and what's making it incorrect?
If you use Pro Series Basic I might not be able to help you. If you use Turbo Tax I might refuse to help you. All others, watch out! ;-)
Amy-in-PA
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02/06/12 8:27pm PST
Is it possible that you accidentally have the spouse coded as the taxpayer, on some W2 or K-1 or something like that?
Is it possible there is simply only one company someone worked for, and the company withheld too much? Then they should get in touch with the company, to get the excess back; it's properly reduced to nothing on Line 69.
Back up before it's too late. For a professional answer, call Tech Support at 1-800-933-9999 (Lacerte)(other numbers ProSeries, QB, or TurboTax). I am a volunteer, not compensated or supported by Intuit.
02/09/12 4:20pm PST
I doubled checked and each W-2 is allocated to the correct taxpayer. The spouse has two jobs, the first is as a teacher in MA, they do no have SS withheld, but they are considered RRTA Tier 1 withholdings.
The second job withheld ss correctly. I am looking for the override screen in Lacerte.
Thanks
02/09/12 4:41pm PST
The solution
You shouldn't have to use it. Screen 39 Other Credits, Excess social security & RRTA tax withheld
02/09/12 7:20pm PST
In Screen 3 for that client, put in 1 for Wage/Pension schedule (just before the 1st drop down choice in that section) Then go to forms view and look at the Worksheets to review the Wage numbers. That may you help find the problem. You should not have to do an override and the override might interfer with e-filing.
You can remove the 2 input when you are done.
02/09/12 4:43pm PST
Lacerte screen 39 - other credits about the second item down... -1 = none
02/10/12 4:24am PST
Latest post
Thank you, I kept thinking that I needed to look for an override that I didn't think to look in the credits.
02/09/12 4:48pm PST
I agree with sjrcpa you should not have to use. When you enter the amount of wages the program autofills the social security tax and if there is none for you client you must delete it or you will end up with excess. Have you deleted the auto fill amount?
02/09/12 7:06pm PST
I think you also have to fill in the "social security wages" in order for the program to know the right "social security tax." So in this case, if SS wages are zero, I forget if you are supposed to blank out the SS wages, or put in a zero, but I think this is one of the rare cases where you actually don't put the usual minus-1.
