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After you file
@DoninGA wrote:
FICA stands for the Federal Insurance Contributions Act which for Social Security and Medicare taxes.
There is no separate FICA line or box on a W-2.
If your Social Security taxes were 105.45 and your Medicare taxes were 24.67 that indicates your taxable wages for Social Security and Medicare were approximately $1,700.
You will need to speak to your employer to determine what exactly the FICA amount of 118.91 represents.
I recall that many years ago, one of my employers deducted 7.65% for "FICA" instead of listing Medicare and Social Security separately. All of my recent employers have listed them as separate items at 6.2% for Social Security and 1.45% for Medicare. Regardless, no one should be paying all three lines.
‎December 7, 2023
1:34 PM