No, TurboTax does not calculate your FICA taxes you owe the IRS, unfortunately. Are you referring to those two months when you changed from F to H visa in 2020? If your employer is willing to re-issue you a corrected 2020 W-2 with the corrected FICA, the issue should be fixed. I would suggest you to verify with your employer to make sure they straighten up the problem.
Here is the FICA Tax Withholding Rates:
- The Social Security portion is your gross pay times 6.2% up to the maximum pay level for that year.
- The Medicare rate is your gross pay times 1.45 %, with a possible increased 0.9% for high income employees.
- Therefore, there is a total of 7.65% withholding, based on the employee's gross pay.
@jutzt
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