0
Yes and no. Federal Withholding is usually Federal income tax. FICA is Social Security. Different percentage, goes to a different place.
Wiki User
∙ 7y ago
Add your answer:
Earn +20 pts
What tax deductions can appear on a payroll withholding statement?
Federal and state income taxes, and FICA
What is the FICA withholding rate for 2011?
what is the FICA rate for 2011
Where is social security tax withheld on check stub?
It should be listed as FICA. Listed next to Federal and State withholding, you'll also see FICA - that is your contribution to Social Security.
What is the FICA withholding limit for 2011?
4.2
What is the FICA withholding limit for 2013?
$110,000
Are wages paid to a social security recipient subject to FICA withholding?
are employees that are currently receiving social security and medicare benefits subject to fica withholding
Which is typically answered with the income statement?
Income statements will show gross wages, Federal, State, Local withholding taxes, FICA tax and net pay.
Is FICA tax the same as the social security tax?
Yes, plus Medicare tax. FICA is the acronym for the Federal Insurance Contributions Act.
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
What is federal FICA?
The (OASDI) Old Age Survivor and Disability Insurance (FICA) (social security and Medicare taxes) all mean the same tax.
FICA tax is the same as federal income tax?
NO - however it is paid to the IRS. Federal Income Tax is just what it sounds like and pays for federally funded programs. FICA is Social Security Income and goes to pay into the fund for Social Security Programs.
What does fica stand for?
Federal Insurance Contribution Act The word FICA stands for "Federal Insurance Contributions Act."
