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How are my taxes (Federal tax, FICA & Medicare, NY state & local) affected by the change in pay frequency?

April 26, 2017affected federal tax FICA local medicare Ny pay State taxes

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How are my taxes (Federal tax, FICA & Medicare, NY state & local) affected by the change in pay frequency?

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These deductions are calculated as a percentage of the semi-monthly pay amount. The same amount will be deducted on an annual basis as under the monthly pay. There will be no impact on annual taxes as a result of this change.