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Do you get credit on your fed income tax for ss and medicare removed from your pay?
Wiki User
∙ 14y ago
No. However, if you have wages that have been subject to FICA withholding your do not have to pay self-employment tax. SE Tax is 15% on all self-employment income. The FICA withholding from wages is only 7-1/2 percent for you and the employer pays the other 7-1/2 percent.
Wiki User
∙ 14y ago
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If it has been 8 years since your car was repoed and they are still threatening you for money when will they go away?
7 yrs AFTER the date of the judgment, fed law requires the judgment to be removed from your credit file.
How does the Fed manage credit?
The Fed pays similar attention to availability of credit; in that regard it is authorized to set the margin rate on stock purchases, thus exercising a direct role in the use of credit in equity market transactions.
Who regulates interest rates on all types of credit?
the fed
What does ytd fed taxable mean on a check stub?
Year-to-date income that is taxable as federal income tax.
What percentage of American people pay fed income tax?
42%
Can a disable Army vet join Navy Fed Credit Union?
I believe one can.................
What is this automated credit republic trs erd fed?
Automated Credit Republic TRS ERD FED is the nation's largest clearing house operation. This operation is used by the Federal Reserve Banks to distribute funds.
What is taxable credit?
children, w2s and household utilities All the above are entirely incorrect. A tax credit is a term for many things available under tax laws that provide for a dollar for dollar "credit" or benefit to be used to pay tax otherwise due. It is unlike a deduction which only reduces the taxable income. A credit essentially pays the tax due on income that may well already have many deductions taken to it. An example is that the US Fed currently allow a 1st time homebuyers credit. Which if qualified for, a buyer of a house can use to PAY income tax they would have otherwise had to pay that year. The idea is to free up that cash so the new buyer could use it to purchase the house (instead of paying tax) and stimulate the economy.
Why would JCPenney raise their credit card interest rate at a time the Fed is cutting the discount rate on a customer who has superior credit?
i work for jcp....and because we can :-)
What organs have no capillaries?
To the best of my knowledge, all organs have capillaries as this is how the tissue is fed nutrients and wastes are removed.
What organisms have capillaries?
To the best of my knowledge, all organs have capillaries as this is how the tissue is fed nutrients and wastes are removed.
What type of financial institution is Pen Fed?
PenFed is a federal credit union. The Pentagon Federal Credit Union is headquartered in Alexandria, Virginia and was founded in 1935. PenFed offers credit cards, loans, and checking and savings accounts.
