U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Retirement
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
 
 
Old 06-18-2015, 11:32 AM
 
Location: Northeastern Pennsylvania
104 posts, read 47,893 times
Reputation: 221

Advertisements

I noticed what seems to be an error on DW's online Social Security Statement. The page showing her earnings record lists yearly income by year. In 2 columns: One called “Your taxed SS Earnings” and one called “Your taxed Medicare earnings”. Those 2 columns are all the same amount on a year by year basis except for 1987. “Your taxed SS Earnings” shows a different total than “Your taxed Medicare earnings” for that year.



Like this:


  • Work Year Taxed Social Security Earnings Taxed Medicare Earnings
  • 1989 $7871 $7871
  • 1988 $7,083 $7,083
  • 1987 $821 $5,094
  • 1986 $4,763 $4,763


Is that possible? Why the difference only one year?
How can those 2 amount be different? Incorrectly reported by employer to SS? Typo? The same employer for those years too if that matters.


I have called the number to report the error and was basically told that I needed to supply the W2 form or tax return for the year in question. So I am doing that.
But while I wait I thought to get some opinions here. All the past SS Statement that she has received in the mail show the same discrepancy too. Just never noticed before.


thanks for any insight.


Tooluser
Quick reply to this message

 
Old 06-18-2015, 12:21 PM
 
Location: Portland, Oregon
10,017 posts, read 16,693,941 times
Reputation: 6427
Perhaps DW worked for an entity exempt from Social Security that year. Examples: state or local government with a pension program, religious organizations.
Quick reply to this message
 
Old 06-18-2015, 01:14 PM
 
8,870 posts, read 5,152,159 times
Reputation: 10159
They are willing to correct 1987? That surprises me.
Quick reply to this message
 
Old 06-18-2015, 01:20 PM
 
Location: OH>IL>CO>CT
5,249 posts, read 8,430,817 times
Reputation: 7219
Quote:
Originally Posted by Petunia 100 View Post
They are willing to correct 1987? That surprises me.
The SSA document at http://www.socialsecurity.gov/pubs/EN-05-10081.pdf makes no mention of any limit. Neither does the form at http://www.socialsecurity.gov/forms/ssa-7008.pdf
Quick reply to this message
 
Old 06-18-2015, 02:24 PM
 
Location: Northeastern Pennsylvania
104 posts, read 47,893 times
Reputation: 221
Quote:
Originally Posted by Nell Plotts View Post
Perhaps DW worked for an entity exempt from Social Security that year. Examples: state or local government with a pension program, religious organizations.
We considered that, but 1986 through 1989 she worked for the same place and I reasoned that all 4 years would be that way. But no. I sure could be wrong though. It was a school district so it could very well be she was exempt from SS taxes that year. Unfortunately her records don't go back that far.

Replace one year of $821.00 with $5094.00. How much impact on her SS benefit amount would a difference like that amount to?

thanks;

Tooluser
Quick reply to this message
 
Old 06-18-2015, 02:44 PM
 
Location: Northeastern Pennsylvania
104 posts, read 47,893 times
Reputation: 221
Form SSA-7050 on the link below tells how to get an itemized list of employers, a certified list fee is only a mere $192.00. So I think, at least at first, I will attempt to obtain a copy of my tax returns for the years in question by alternate means.

http://www.socialsecurity.gov/forms/ssa-7050.pdf

This form will get me a free transcript of a tax return or for $50.00 a copy of my actual tax return for a specific year.
http://www.irs.gov/pub/irs-pdf/f4506.pdf

I am pursuing this.

Tooluser
Quick reply to this message
 
Old 06-18-2015, 05:46 PM
 
Location: Tennessee at last!
1,886 posts, read 2,048,205 times
Reputation: 3796
Quote:
Originally Posted by Tooluser View Post
We considered that, but 1986 through 1989 she worked for the same place and I reasoned that all 4 years would be that way. But no. I sure could be wrong though. It was a school district so it could very well be she was exempt from SS taxes that year. Unfortunately her records don't go back that far.

Replace one year of $821.00 with $5094.00. How much impact on her SS benefit amount would a difference like that amount to?

thanks;

Tooluser

Sure it could slightly affect her social security, but the bigger question is that if she did not pay into SS that year, does she have a pension sitting somewhere to claim? School pensions pay well, and often come with medical benefits going into retirement.. Or an unvested amount of money in a pension fund she can have refunded? You can ask the school district to answer those questions, and the answer will also let you know if there was a messed up filing for the SS too.
Quick reply to this message
 
Old 06-18-2015, 06:38 PM
 
Location: Florida
4,376 posts, read 3,716,488 times
Reputation: 4116
1987 is wrong. Getting the W2 is the way to go.
A more efficient gov would access the data base and update the records.
After all you could type up what ever you want on the W2. How do they verify it?
Quick reply to this message
 
Old 06-18-2015, 07:18 PM
 
Location: RVA
2,172 posts, read 1,272,094 times
Reputation: 4492
How much it affects her depends totally on how many years she has paid in to the system, AND what your SS will be. Based on the low incomes you posted, if you have double the income, for many more years, then half of yours will be more than her full amount, so hers wouldn't even add to the mix at all. Just post what you and her ages are and what your FRA payments would be and most anyone can tell you on here.
Quick reply to this message
 
Old 06-18-2015, 10:52 PM
 
8,870 posts, read 5,152,159 times
Reputation: 10159
Quote:
Originally Posted by rjm1cc View Post
1987 is wrong. Getting the W2 is the way to go.
A more efficient gov would access the data base and update the records.
After all you could type up what ever you want on the W2. How do they verify it?
The SSA gets their info from the employer submitted Form W-3 and Copy A of W-2. This is eventually cross-checked against employer payroll returns (Forms 941, 943, and 944) filed with the IRS. Any discrepancies result in follow-up with the employer.
Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


 

Quick Reply
Message:
Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Retirement
Follow City-Data.com founder on our Forum or

All times are GMT -6.

© 2005-2019, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top