social security tax is higher than federal tax????
i ran a pennsylvania paycheck and the employee social security tax is higher than the federal. any reason why?
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02/03/09 12:25pm PST
Viewed by asker 02/16/09 10:52am PST
Viewed by asker 02/16/09 10:52am PST
2 Replies
pdevore
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02/04/09 9:43am PST
Best Answer - Chosen by the Community
The SS tax is a flat 6.2% on the employee pay. The federal tax can be as low as zero, depending on the gross pay, pay frequency,filing status, and number of allowances.
Here is a publication that has more information:
http://www.irs.gov/pub/irs-pdf...
I hope this helps. Let us know.
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02/04/09 10:04am PST
Latest post
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