Tax Filing and Planning

How Do I Get My Money Back if I Paid Too Much Social Security Tax?

If you’re a high earner, the Social Security income limit means you don’t have to pay Social Security taxes once you’ve hit the wage base for the year. If you have a single employer, they simply stop withholding Social Security taxes once you hit the limit. But what happens if you paid too much Social Security tax because you have multiple jobs, change jobs, or do freelance work on the side?