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My wife received an overpayment of $3600 in Social Security…

Customer Question
Second opinion] My wife...

Second opinion] My wife received an overpayment of $3600 in Social Security payments for 2017. We paid %10 Federal Income taxes on that, but must now pay back Social Security this year (time payments over 12 months). How do I recover the Federal Taxes paid on the money that I'm paying back?

Accountant's Assistant: The Accountant will know how to help. Is there anything else the Accountant should be aware of?

Nope. I'm doing my taxes now and wasn't sure how or when I can get credited for the over payment of taxes on my wife's Social Security income.

Submitted: 1 month ago.Category: Tax
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Answered in 1 hour by:
3/10/2018
Tax Professional: emc011075, Tax adviser replied 1 month ago
emc011075
emc011075, Tax adviser
Category: Tax
Satisfied Customers: 3,595
Experience: IRS licensed Enrolled Agent and tax instructor
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Hi. My name is ***** ***** I will be happy to help you.

When you say you paid 10%, do you mean 10% was withheld from your paycheck or some of the social security was included in your taxable income and taxed at 10%?

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