what is the FICA rate for 2011
The employee's portion of te combined FICA rate is 7.65% of FICA applicable wages. FICA wages may be different than any others (like taxable, or gross, or state, etc) wages...none of which may actally be the amount you received.
The FICA rate of 15.30 % is paid half by the employer and half by the employee...or entirely by the taxpayer if self employed (or self employed income). However, what is considered fica taxable earnings is different than either your gross wage or even income taxable wages....ang you have to calculate it first.
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
I have an employee over 70 years of age, can she stop withholding her FICA taxes? (Social Security) Thank you
what is the FICA rate for 2011
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
The maximum FICA tax for 2011: Employee 5.65% 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
6.2% for the employee, and an identical amount for the employer (not including Medicare)
Yes.
The employee's portion of te combined FICA rate is 7.65% of FICA applicable wages. FICA wages may be different than any others (like taxable, or gross, or state, etc) wages...none of which may actally be the amount you received.
Yes
$6,621.60
The FICA rate of 15.30 % is paid half by the employer and half by the employee...or entirely by the taxpayer if self employed (or self employed income). However, what is considered fica taxable earnings is different than either your gross wage or even income taxable wages....ang you have to calculate it first.
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
I have an employee over 70 years of age, can she stop withholding her FICA taxes? (Social Security) Thank you
FICA tax, Futa and Suta taxes