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-   -   Employer taxes FICA (https://www.askmehelpdesk.com/showthread.php?t=347884)

  • Apr 30, 2009, 12:59 AM
    fica122
    Employer taxes FICA
    I am share holder for a NJ based consulting firm, Our CPA has given the following guide lines

    1) for H1b we have with hold state+fed+social+ Med and company has to pay employer taxes equal amount of FICA(social+med) which I agree

    2) for opt and cpt we have to withhold state+fed and we have to pay employer taxes of 13%?? Is this right?? We have been doing this for last 3 years, if this is not right how do we clam back the employer taxes we paid for opt employees.

    Thanks your answers is appreciated...
  • Apr 30, 2009, 02:26 AM
    MukatA

    For F1/OPT/CPT who have not completed 5 years, you do not pay any employer taxes. Your CPA should file amended return for employment taxes.

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