0
The maximum amount of wages subject to the FICA-Social Security tax for 2009 is $106,800. There is no limit on the amount of wages subject to the FICA-Medicare tax.
Wiki User
∙ 14y ago
Add your answer:
Earn +20 pts
At what income do you stop paying fica in 2010?
For 2010, the earnings maximum will remain at $106,800. The same as it was for 2009 FICA.
At what income do you stop paying FICA in 2009?
In 2009, $106,800 for Social Security. No maximum for Medicare.
How do you stop paying Federal Insurance Contributions Act?
You cannot stop paying into the FICA fund as long as your are a US Citizen or resident alien and have any earned income form providing your services to earn the income.
When does fica stop being taken out of your check?
For tax year 2007, FICA stops being taken out on wages at $92,500. Wages received over that amount are not taxed. Sharon http://taxresolutionaries.blogspot.com
At what income do you stop paying FICA in 2008?
For the year 2008 the amount was Social Security Limit $102,000 and the Maximum Social Security Contribution was $6,324.00. The date today is July 27 2010 and the following would apply for the year 2010. When you have one employer the amount of FICA ((OASDI) Old Age Survivor and Disability Insurance) for your social security would stop once your wages with the withheld social security amount reach 106800 and social security amount withheld would be 6621.60. You do not have any cap on the MEDICARE insurance contribution amount.
At what income do you stop paying fica in 2010?
For 2010, the earnings maximum will remain at $106,800. The same as it was for 2009 FICA.
At what income do you stop paying FICA in 2009?
In 2009, $106,800 for Social Security. No maximum for Medicare.
How do you stop paying Federal Insurance Contributions Act?
You cannot stop paying into the FICA fund as long as your are a US Citizen or resident alien and have any earned income form providing your services to earn the income.
When did the military start paying FICA taxes?
1955
When does a person attain fully insured status under Social Security?
When does a person attain fully insured status under Social Security? A. after 40 quarters (10 years) of participation paying FICA taxes B. after 20 quarters (5 years) of participation paying FICA taxes C. after 30 quarters (7.5 years) of participation paying FICA taxes D. after 50 quarters (12.5 years) of participation paying FICA taxes
When does fica stop being taken out of your check?
For tax year 2007, FICA stops being taken out on wages at $92,500. Wages received over that amount are not taxed. Sharon http://taxresolutionaries.blogspot.com
Does an individual pay FICA taxes on Social Security income?
No. You only pay FICA taxes on earned income (wages, salary); paying on Social Security benefits would amount to paying the same tax twice.
At what income do you stop paying FICA in 2008?
For the year 2008 the amount was Social Security Limit $102,000 and the Maximum Social Security Contribution was $6,324.00. The date today is July 27 2010 and the following would apply for the year 2010. When you have one employer the amount of FICA ((OASDI) Old Age Survivor and Disability Insurance) for your social security would stop once your wages with the withheld social security amount reach 106800 and social security amount withheld would be 6621.60. You do not have any cap on the MEDICARE insurance contribution amount.
When can I stop paying for a 23 year old kid college?
see link
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
How can a father stop paying child support if the seventeen year old daughter moved in with her boyfriend?
File for stop emotion
Does a father who is paying child support on his daughter have the right to stop paying once his 16 year old daughter gives birth to a child?
No.
