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    fica122's Avatar
    fica122 Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Apr 30, 2009, 12:59 AM
    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...
    MukatA's Avatar
    MukatA Posts: 7,110, Reputation: 176
    Tax Expert
    		  
    #2

    Apr 30, 2009, 02:26 AM

    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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