refund of excess social sec is it taxable? Hi,
I worked for company A in 2015 for half a year and then moved to company B in 2015.
Company A issued to me W2 in 2015 and withheld Social security tax $7347.00
Company B issued W2 to me and withheld Social security tax $8078.00, $7347.00 was credited in the tax return against the taxes due, however the tax software gave a message to contact the employer for withholding amount excess of $7347.00 and i contacted the employer and got the refund of $731.00.
Now do i have to file an amended tax return for 2015, since i got refund from employer?
Thanks
Rachel |