General Explanations of the Administrations Fiscal Year 2013 Revenue Proposals
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The FICA tax is imposed to fund two different benefit programs: (1) the old-age, survivor and disability insurance program ("OASDI"), which funds the Social Security program that provides monthly retirement, disability, and survivor benefits; and (2) Medicare hospital insurance ("HI"). Generally, the OASDI tax rate of 12.4 percent applies to taxable wages and salaries up to the OASDI wage base ($106,800 for 2011 and $110,100 for 2012), and the HI...
Format:Paperback
Language:English
ISBN:1503374297
ISBN13:9781503374294
Release Date:January 2015
Publisher:Createspace Independent Publishing Platform
Length:216 Pages
Weight:1.13 lbs.
Dimensions:0.5" x 8.5" x 11.0"
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