angel4u
Jan 15, 2007, 11:40 AM
MED FICA and Social Security the same when filling out taxes?
AtlantaTaxExpert
Jan 15, 2007, 08:59 PM
FICA taxes consists of Medicare and Social Security.
However, it has little to do with your annual federal tax return. Only if you work more than one job and exceed the annual cap for Social Security withholding ($94,000 for 2006) does Social Security taxes play a part in your federal tax return.