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Social Security Tax reduction

470pitt
Level 2

Why on one of my tax returns did the IRS take away the SS reduction tax

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3 Comments 3
abctax55
Level 15

What is this "SS reduction tax"?  It sounds great, I'd like MY SS tax reduced 😉


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Just-Lisa-Now-
Level 15
Level 15

You mean the SE tax deferral?     If the return had a refund on it, you weren't allowed to defer the SE tax, since you cant defer something thats already been paid.


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
abctax55
Level 15

Yep... I'm guess that's what the OP meant.  BUT, words, *specific* words are important in this profession.

Deferral & reduction do NOT mean the same thing 🙂


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