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9y ago

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Related Questions

What is fica-mc on my paycheck?

The FICA -MC on your paycheck is a reference to the deduction for Medicare. The Medicare deduction should be 2.9 percent of your total earnings.


Is an optional deduction?

Medicare, like social security is a mandatory deduction.


Is medicare an optional deduction?

Medicare, like social security is a mandatory deduction.


How does the RSU offset deduction impact my paycheck?

The RSU offset deduction reduces the amount of income tax you owe on your paycheck, which can increase the amount of money you take home.


Can your employer stop taking your 401K deduction from your paycheck?

Yes.


Does the medicare tax deduction from a paycheck cover both part a and b?

No


What is an example sentence with deduction?

Watson, you've hit upon yet another brilliant deduction! My tax return could use such a brilliant deduction... I don't recognize this automatic deduction that is listed on my paycheck.


Do you pay taxes for state disability payments?

Yes, it's the SDI deduction on your paycheck.


Which of these is an optional deduction for money to be taken out of an employee's paycheck?

disability insurance


Can I have money taken right out of my paycheck and put into an IRA plan?

You can set up a payroll deduction for your retirement account, provided that your employer has such a system in place. The amount of the deduction is predicated on the IRS limits.


What do you claim to have the most taxes taken out of your paycheck?

The amount of taxes taken out of your paycheck depends on your income level and tax bracket. Generally, federal income tax is the largest deduction from most people's paychecks.


Why is imputed income deducted from your paycheck?

i have imputed income taken out of my check because a have a significant other on my insurance can i use this as a tax deduction