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- Autorius: Department Of The Treasury
- Leidėjas: CreateSpace Independent Publishing Platform
- Metai: 2015
- Puslapiai: 216
- ISBN-10: 1503374297
- ISBN-13: 9781503374294
- Formatas: 21.6 x 28 x 1.2 cm, minkšti viršeliai
- Kalba: Anglų
General Explanations of the Administrations Fiscal Year 2013 Revenue Proposals (el. knyga) (skaityta knyga) | knygos.lt
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The FICA tax is imposed to fund two different benefit programs: (1) the old-age, survivor and disability insurance program ("OASDI"), which funds the Social Security program that provides monthly retirement, disability, and survivor benefits; and (2) Medicare hospital insurance ("HI"). Generally, the OASDI tax rate of 12.4 percent applies to taxable wages and salaries up to the OASDI wage base ($106,800 for 2011 and $110,100 for 2012), and the HI tax of 2.9 percent applies to all taxable wages and salaries. Generally, one-half of both OASDI and HI taxes are paid by the employer and the other half are paid by the employee through mandatory withholding.
- Autorius: Department Of The Treasury
- Leidėjas: CreateSpace Independent Publishing Platform
- Metai: 2015
- Puslapiai: 216
- ISBN-10: 1503374297
- ISBN-13: 9781503374294
- Formatas: 21.6 x 28 x 1.2 cm, minkšti viršeliai
- Kalba: Anglų
The FICA tax is imposed to fund two different benefit programs: (1) the old-age, survivor and disability insurance program ("OASDI"), which funds the Social Security program that provides monthly retirement, disability, and survivor benefits; and (2) Medicare hospital insurance ("HI"). Generally, the OASDI tax rate of 12.4 percent applies to taxable wages and salaries up to the OASDI wage base ($106,800 for 2011 and $110,100 for 2012), and the HI tax of 2.9 percent applies to all taxable wages and salaries. Generally, one-half of both OASDI and HI taxes are paid by the employer and the other half are paid by the employee through mandatory withholding.
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