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In reply to the discussion: My paycheck went down to 50 dollars [View all]Hestia
(3,818 posts)22. Evidently those who haven't run payroll understand that yes, there are different fiscal
pay amounts in one pay period. If you look, it will show the dates of the payroll period, then if your company is big enough, will show two different FICA amounts on the deductions.
Check date makes no difference - it the dates/year the wages were earned. Hopefully all software has been updated to reflect the proper deduction amount for FICA.
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Just FYI, but when used as a title, the "P" in President is capitalized to show proper respect....
OldDem2012
Jan 2013
#55
Evidently those who haven't run payroll understand that yes, there are different fiscal
Hestia
Jan 2013
#22
I'm done explaining this to people who weren't paying attention for the last 2 years
bluestateguy
Jan 2013
#8
The Social Security tax holiday expired. You are simply paying the full rate on FICA taxes now. nt
Selatius
Jan 2013
#14
FICA = Federal Insurance Contributions Act. It's in the name and has been named as such for 70 years
Selatius
Jan 2013
#71
Un no. It was a temporary break and its extension was NOT on either the Dems or Reps table.
Luminous Animal
Jan 2013
#23
It also may be that since they didn't have a budget eoy 2012, the IRS published withholding tables
okaawhatever
Jan 2013
#18
President Obama wanted to continue the tax holiday. It was the Republicans who insisted on this.
yardwork
Jan 2013
#24
Your reply: Thank you for the link you WILL provide is extremely rude. CNNMoney Dec 31 2012 n/t
okaawhatever
Jan 2013
#37