Federal Tax Credits Offset Federal Income Tax Liability Only and not FICA?

shackman · ‎November 1, 2023

I believe this is the case but I want to be sure. Federal tax credits can only offset federal income tax liabilities, correct? In other words, federal tax credits cannot offset FICA tax liabilities.

Thank you.

xmasbaby0 · ‎November 1, 2023

No----your federal tax credits do not affect or change the amounts you must pay toward Social Security and Medicare.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

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xmasbaby0 · ‎November 1, 2023

No----your federal tax credits do not affect or change the amounts you must pay toward Social Security and Medicare.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

VolvoGirl · ‎November 1, 2023

But there are some refundable credits you can get after the total tax is figured on line 24.

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Federal Tax Credits Offset Federal Income Tax Liability Only and not FICA?