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Sarah received a 2018 Form W-2 from 2 different employers. The amounts reported in Boxes 3 and 4 of her W-2s is provided below. What
Sarah received a 2018 Form W-2 from 2 different employers. The amounts reported in Boxes 3 and 4 of her W-2s is provided below. What amount of excess social security tax (if any) should she report on her 2018 Schedule 5, Line 72?
Box 3: Social security wages | Box 4: Social security tax withheld | |
Employer #1 | 87,600.00 | 5,431.20 |
Employer #2 | 55,250.00 | 3,425.50 |
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