Suppose you were overpaid wages 5k. You recompute your return without the 5k income and claim the reduction in federal tax as a credit. How can you recoup the social security and medicare tax that was withheld?
how to get back social security taxes in claim of right
Dec 18, 2013
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You must be asking about someone who has separated from service and had to make the repayment to a former employer. You ask the employer for a statement indicating the amount repaid and the amount of employment taxes that were originally withheld. This statement is your support…
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You must be asking about someone who has separated from service and had to make the repayment to a former employer. You ask the employer for a statement indicating the amount repaid and the amount of employment taxes that were originally withheld. This statement is your support for completing Line 7 of IRS Form 843 seeking a refund. If you can't get a statement then you will have to use whatever evidence you have regarding the overpayment you repaid.
You seek a refund from the employer that withheld the FICA taxes.
You can only claim a credit on your income tax return for overpaid FICA taxes if you worked for two or more employers and the combined FICA taxes withheld exceeded $7,049.40 (the maximum due from a worker for
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