If I paid in the maximum amount of FICA for the year while working for another employer, are my earnings from UW subject to additional FICA withholding?
Yes, each employer must withhold and pay FICA taxes on the wages paid yearly to each employee up to the maximum amount taxed for FICA purposes. However, there would be no additional withholding provide the student FICA exemption rules are met. Remember there is no maximum for the withholding of Medicare taxes.
Related Questions
- If I paid in the maximum amount of FICA for the year while working for another employer, are my earnings from UW subject to additional FICA withholding?
- I am a new UAB employee. If my FICA tax for the year was fully paid by a previous employer, does UAB have to withhold anything on my behalf?
- What is the maximum paid by the Government each year?
