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Does federal income tax bracket include Social security Medicare deductions?


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Answered 2008-12-24 19:24:37

SS contributions are not a deduction from taxable income. The tax bracket schedule is on taxable income, that is after all inclusions and exemptions/deductions.


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Medicare and Social Security are the payroll deductions withheld under FICA. These federal benefit programs are a part of the Federal Insurance Contributions Act.

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While all payroll deductions are not required by law some that are commonplace for all working employees in the US include federal withholding, state taxes, social security, Medicare, and other local taxes such as disability, unemployment, and city or county taxes as required within your locality.

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Net wage is what's left after all mandatory deductions (federal and state taxes, Social Security). You net pay is what's left after any other deductions (health coverage, garnishments, etc.)

More information is needed for a good answer. If you made 41000 a year, that would be 41000/12 or about 3416.66 monthly. However, there is federal, state and local income tax withholding, plus social security and medicare deductions and maybe some unemployment withholding. The income tax withholding are based on federal tax tables for the year you earned the money. The state and any local deductions are based on the year and the state and locality you live in. Their may be other deductions involve such as union dues, health insurance, etc.

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