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When did fica tax split into social security and medicare tax?

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Is Social security tax and Medicare tax calculated on Discretionary bonus?

I concur, this is still considered income earned from employment and includable in the SS tax base. Yes, bonus payments, in fact virtually anything received of value, are th

Can a minister pay his Social Security and Medicare taxes at the end of the tax year?

While there are some special situations (allowing them to not pay self employment portion), generally a minister is like any other employee or worker. Failure to timely pay ca

Taxes deducted from an employee's earnings to finance social security and medicare benefits are called FICA taxes?

YES that is correct. FICA stands for "Federal Insurance Contributions Act." It's the tax withheld from your salary or self-employment income that funds the Social Security and

At what age will social security and medicare taxes not be withheld from income?

Death usually stops taxes pretty well. If you earn income (which includes receiving a pension), expect to pay taxes on it for as long as you are alive. ans The above may be co

Who do you pay fica and social security taxes to?

FICA stands for "Federal Insurance Contributions Act." It's the tax withheld from your salary or self-employment income that funds the Social Security and Medicare programs. T