FICA Taxes

Summary

Federal Insurance Contributions Act

Body

Issue/Question

What are FICA taxes?

Environment

  • Taxes
  • Federal Insurance Contributions Act (FICA)

Resolution

  1. Federal Insurance Contributions Act is:
    • Social Security and Medicare taxes paid by the individual and employer
    • Also referred to as payroll taxes

Details

Details

Article ID: 5772
Created
Wed 11/11/20 11:30 AM
Modified
Thu 10/5/23 4:08 PM
KCS Article Status
WIP: Only Problem & some Environment captured
Not Validated: Complete & Resolution captured, confidence lacks in structure, content, no feedback
Validated: Complete & reusable, used by licensed KCS user, confidence in resolution & std. compliance
Validated

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