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Is it legal for an employer not to deduct or pay social security taxes from their employee wages?
Wiki User
∙ 11y ago
No.
Wiki User
∙ 11y ago
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How do you report your earnings to social security?
Your employer does that and they deduct automatically.
Can my employer deduct from my wages for workers comp?
Depending on the laws of the state, an employer can deduct for Workman's Compensation. Deductions for federal programs such as Workman's Compensation and Social Security are standard deductions.
Can an employer deduct a mechanics pay because a customer uses a coupon?
An employer cannot deduct from your pay without your prior written permission - not union dues, not Social Security, not fed tax withholding. Certainly not the value of a coupon.
If the employer pays the employees' portion of the Social Security tax what is that percentage?
For the social security amount and the Medicare the total percentage is 15.3%. Employer and employee each is supposed to pay one half of the amounts. Employer Medicare 1.45% SS tax 6.2% equal 7.65%. Employee should be the same amounts.
Can an employee be exempt from paying social security tax even if the employer is not?
See http://www.losthorizons.com/Newsletter.htm
Which taxes are paid by both the employer and employee at the same rate?
Social Security tax & Medicare tax
Is social security tax paid by both business and individual consumers?
The employer and employee both contribute to the fund.
What is the Difference between gross pay and social security wages?
From the employer to the employee no difference gross pay earnings and social security wages earnings would be the same thing.
Can employer collect fine from employee?
Only governments impose civil or criminal fines, and those fined have appael rights. Employers can deduct NOTHING from your pay without your prior written permission - no fed taxes, not Social Security, not med benefits. Not "fines".
What payroll taxes must an employer withhold for an employee?
In most years, your employer will deduct the following from your paycheck: Social Security: 6.2% of your gross pay Medicare: 1.45% of your gross pay However, in 2011 Obama signed into a law a "payroll tax holiday" as part of the continued effort to stimulate the economy. For 2011 only, the social security tax coming out of your paycheck is 4.2% instead of 6.2%, meaning that this year you will take home more money than you would in a "normal" year. Your employer matches these amounts too -- they pay another 6.2% for social security, and another 1.45% for Medicare. Under the payroll tax holiday, only your portion of social security is reduced to 4.2% -- your employer is still paying 6.2% of your pay into social security for you.
Can long term disability deduct what SD is giving you for your child due to your disability?
if your long term disability is integrated with social security disability, then yes. This is the case for most employer paid long term disability plans, or your employee benefits package. If the Long-Term DI policy is an individual plan, not through your employer - you could receive the full base benefit if it's not integraded with Social Security Disability Benefits.
How does an employer take out taxes for an employee?
By statute, a large number of employers in the US and elsewhere, have their payroll departments make lawfully required tax deductions from employees paychecks. These may include social security, unemployment and state and federal income tax deductions. The individual employee in the US can determine the amount of federal tax exemptions to declare which effects the amount of funds that are withheld and passed on to the federal government. Generally speaking, the employee has no control over FICA or state unemployment taxes that the employer must deduct. (FICA being Social Security)
