IsabellaG
Employee Tax Expert

Deductions & credits

No, TurboTax will not compute FICA taxes. FICA (Social Security and Medicare) taxes do not apply to service performed by students employed by a school, college or university where the student is pursuing a course of study.  Your W-2 from the college would show your wages in Box 1, and would have zero in Box 3. You can report your income this way.

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