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What is FICA Tax: Everything You Need to Know

   What is FICA tax? is a common question essentially anyone employed will ask at some ... you could also qualify for a FICA tax deduction. This is also applicable to any children who ...


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Time: 19-01-17

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What is FICA? 3 Things You Need to Know - Paycheck City

   Oct 13, 2014 - Now that we've covered the basics of what gets deducted from your paycheck, it's time to dive a little deeper into the individual parts. One of the most common questions people ask when they receive their first paycheck, or when they take a good look at their paystub, is, “Who is FICA, and why are they ...


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What Is The FICA Deduction On Payroll Checks? - Blurtit

   Answer (1 of 4): In addition to the answer above, fica tax is composed of social security and medicare. The breakdown is social security 6.2% and medicare is 1.45%. Social security ...


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What Is FICA, and How Much Is FICA Tax? - Patriot Software

   Apr 10, 2017 - What is FICA? The Federal Insurance Contributions Act (FICA) tax is a mandatory payroll tax. If you have employees, you must deduct the FICA tax rate from your employees' wages and pay the IRS. And, you need to contribute a matching amount per employee contribution.


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