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Excess Social Security deducted 2024
How do I handle doing a refund of excess social security when it was for a prior period (2024)?
If I give the 2 employees a refund in the current month (Jan. 2025), how do I handle the adjustment for 2024, as far as the w2's and the taxes already deposited for the prior amounts withheld?
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Employees and payroll
Bumping this; I am also interested in the answer, if only for curiosity's sake.