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Q: What would the social security amount be deducted if I pay 37890 annually?
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Do you get a return on fica taxes paid?

When you have one employer the amount of FICA ((OASDI) Old Age Survivor and Disability Insurance) for your social security would stop once your wages with the withheld social security amount reach 106800 and social security amount withheld would be 6621.60 If you have more than one employer and your combined wages reported on your W-2 are more than the 106800 amount and your withheld social security amount is more than the 6621.60 then you would get a tax credit for the amount that is over the 6621.60 on your federal income tax return when you file the 2010 tax return in the year 2011. For the individual taxpayer that is filing the 1040 federal income tax return does NOT get a deduction for the FICA (social security taxes) that are withheld from the taxpayers earnings for the year. If you have more than one employer and your combined wages reported on your W-2s are more than the 106800 amount and your withheld social security tax amount is more than the 6621.60 then you would get a tax credit for the amount that is over the 6621.60 on your federal income tax return when you file the 2009 income tax return this year in 2010 or the 2010 tax return in the year 2011.


What number is issued by the government through the Social Security department?

Social security number


What channel is SSN?

social security number of an individual person in the united states see * social security@ social security.gov.com


What day of month are disability social security checks mailed?

When will disability social security checks be deposited in july 2014


How do I have the ira withdrawal from my social security?

To have an Ira withdrawal you should most definitely contact who ever it is that you get your social security card from and have them do it. They helped when I wanted to do it.

Related questions

What is the maximum amount of pay for which social security taxes must be deducted in 2009?

about 674 us dollars


How do you pay into Social Security?

Social Security is deducted from a worker's paycheck by their employer.


Should social security be deducted from paycheck before or after health insurance is deducted?

Before


In the state of Illinois must unemployment benefits be deducted from Social Security benefits?

It's the other way around. Half the amount of your Social Security benefits are deducted from Illinois' unemployment benefits. Illinois is one of only three states that still applies a 50% offset to unemployment.


What will the cost be in 2013 for medicare deducted from social security?

$120.20


Can Child support be deducted from regular Social Security?

Yes


Do aliens pay social security?

Yes, they do if there are employed they are deducted from their paycheck


What is deducted from social security checks at age 62?

I am 62 and working, does Social Security Tax still come out of pay check


Is my Medicare B premium already deducted when I receive my monthly SS check?

The answer is nothing because if you are 65 and a US resident you are eligible for medicare even if you do not receive social security If you are enrolled in Medicare Part B, your premium is automatically deducted from your social security check. For 2009, if you make less than $85,000.00 per year, $96.40 will be deducted from your social security check. If you make more than $85,000.00 per year, check this publication for the correct deducted amount: http://www.medicare.gov/Publications/Pubs/pdf/10050.pdf


Can child support be deducted from social security disability insurance?

Only arrears. Child Support payments should be adjusted to match what amount already being paid the residential parent by SSD, which is not deducted from the main payment.


What payroll taxes are deducted directly from people paychecks?

Social security and medicare.


Do school teachers have social security deducted from their checks?

No. Each teacher pays into a retirement system and law prevents them getting full social security even if they have worked other jobs and earned it.