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Is social security withheld from incomes of 3000?

Updated: 8/18/2019
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13y ago

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Yes the social security and medicare taxes of 7.65 % is withheld from all of your gross earned income by your employer payroll department IF you are a employee.

A self employed taxpayer would be responsible for paying the 15.3 % social security on the net profit from the business operation.

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