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If one has income subject to the FICA tax (such as wages, tips, self-employment, etc.), then yes. There is no age limit on FICA tax.

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Q: Does one pay fica taxes over 70 years of age?
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Does everyone pay FICA taxes?

I have an employee over 70 years of age, can she stop withholding her FICA taxes? (Social Security) Thank you


is their an age limit on who pays fica taxes?

is there an age limit on who pays fica taxes


Do seniors over 65 have FICA deductions?

FICA deductions are not a function of age.


What is federal FICA?

The (OASDI) Old Age Survivor and Disability Insurance (FICA) (social security and Medicare taxes) all mean the same tax.


What do FICA taxes pay for?

The (OASDI) Old Age Survivor and Disability Insurance (FICA) (social security and Medicare taxes) all mean the same tax. Go to the SSA.gov SOCIAL SECURITY ONLINE web site


What if your pay stub deducts money for FICA what does that mean?

The (OASDI) Old Age Survivor and Disability Insurance (FICA) (social security and Medicare taxes) all mean the same tax.


Do self-employed people pay FICA?

Yes self employed taxpayers pay taxes on the NET profit of the business operation. The self employment taxes (OASDI) Old Age Survivor and Disability Insurance (FICA) (social security and Medicare taxes) all mean the same tax. If you are a self employed taxpayer then you are responsible for all of your own FICA self employment taxes of 15.3% plus any income taxes on your net profit from your business operation at your marginal tax rate.


What taxes are matched by employers?

The employee social security and medicare taxes are matched by the employer. The (OASDI) Old Age Survivor and Disability Insurance (FICA) (social security and Medicare taxes) all mean the same tax.


What is the money the government takes on wages?

The (OASDI) Old Age Survivor and Disability Insurance (FICA) (social security and Medicare taxes) and federal income taxes and state income taxes and maybe some local taxes that is required to be paid to the government's.


What wages are taxed for fica?

I am drawing Social Security now at age 69. I work a school crosswalk job. They hold out F.I.C.A. taxes. Should I be paying S/S taxes now?


What does fica pay for?

The (OASDI) Old Age Survivor and Disability Insurance (FICA) (social security and Medicare taxes) all mean the same tax. Possible future social security benefits and some medicare insurance coverage.


What does fica mean on your check stud?

(FICA) FEDERAL INSURANCE CONTRIBUTIONS ACT. The (OASDI) Old Age Survivor and Disability Insurance (FICA) (social security and Medicare taxes) all mean the same tax for social security benefits (SSB or SSDI). All mean the same thing.