Comment on How FICA Tax and Other Withholding Taxes Work on Your Paycheck

How FICA Tax and Other Withholding Taxes Work on Your Paycheck

Withholding taxes, including FICA tax, are what your employer deducts from your pay and sends to the IRS, state or other tax authority on your behalf. Here are the key factors, and why it’s important to monitor your withholdings. How does my employer know how much withholding tax to take?

 

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