If you worked for just one employer and that employer took out too much FICA, you should contact your employer's HR or payroll department and ask for a refund.
If too much was taken out because you worked for multiple employers, there is a line on Form 1040 (line 65 of the 2008 version) to claim a credit for the excess.
If too much was taken out and your employer can't/won't refund it to you, you can submit a claim on Form 843:
http://www.irs.gov/pub/irs-pdf/f843.pdf
Please note that you must have a legitimate reason for claiming a refund. Paying FICA taxes is not optional, even if you do not want to participate in Social Security.
Yes, there are always mortgages out there for people with low fica scores. However, the interest rate will be high.
The FICA deduction [since 1990] is 6.2% for employees and 6.2% for employers and is the principal funding source for Social Security benefits.
In short, FICA is for Social Security insurance contributions and only funds that. Federal is for income tax, which funds many things, but NOT your SS benefit.
The one which the Federal Government has.
The maximum FICA tax for 2011: Employer 7.65% SSI: Employee 4.20% Employer 6.20% MED: Employee 1.45% Employer 1.45% Income subject to SSI tax: $106,800 Employee $4,485.60 Employer $6,621.60
No you do not get FICA back on federal taxes. It's a pay now and collect later system, for when you collect social security at retirement.
No. Your 'occupation' is unimportant.
employers pay the fica tax
what is the FICA rate for 2011
Social Security and Medicare are funded by FICA
frequency of fica payments
why wasn't fica taken out of std checks
Yes.
The fica is taken out of your paychecks and added to the Social Security fund.
is there an age limit on who pays fica taxes
A Fica tax has several different purposes that serve different people. A Fica tax serves to finance government educational programs and developmental projects. A Fica tax also provides those who are disabled and/or retired with insurance.
I am doing a certified payroll report and am not certain what they mean can someone tell me what they mean on the paystub of the employee, FICA, FEDERAL STATE TAX and SDI