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-   -   Ficass tax (https://www.askmehelpdesk.com/showthread.php?t=176165)

  • Jan 24, 2008, 11:18 AM
    surf66
    Ficass tax
    I noticed a box for FICASS taxes and a box for Federal Taxes on wage statement. Please tell me what the Ficass tax is.
    Thank you.
  • Jan 24, 2008, 01:42 PM
    AtlantaTaxExpert
    "FICASS" is a combination for FICA and SS.

    FICA stands for Federal Insurance Contribution Act, and represents the combination of Social Security (6.2%) and Medicare (1.45%) which are flat taxes withheld at the rates noted.

    SS is Social Security.

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