What is "tax" when you get a paycheck?

If I pay "FICA" on every paycheck, will I get a tax return?

  • I get paid minimum wage, but I get some money taken out every check for "FICA". When the time for taxes comes around, will I get a tax return?

  • Answer:

    FICA is not refundable. That's your social security and medicare.

Seth M at Yahoo! Answers Visit the source

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Other answers

FICA is social security taxes and is never refundable.

Chas

If only FICA is taken out, no. That's for social security and medicare, and you don't get it back.

Judy

You cannot get a refund of FICA or Medicare taxes, unless too much was withheld from holding two jobs. You would have to earn more than $100k for this situation. You might get a refund of federal income tax withholding.

falsi fiable

FICA is not income tax. It's money collected under the "Federal Insurance Contributions Act." This money is used to fund Social Security and Medicare. Your income tax should show as "Federal Income Tax Withheld" or something like that. Now, as to whether or not you'll get a refund (just a note, a "Tax return" is the paperwork you file and send to the government), that depends on how much you make, how much tax was withheld, and how much your tax liability is.

Monte P

Not based on that. However, you will probably get some monet that you never paid in. There are many many special features offered to get low income people some money. Any tax program for your computer will have them. Ant tax preparer will know what they are.

If you are a dependent and make less than $5700, you will get your withholding back. If you are not a dependent and make less than $9350, you will get a small making work pay credit and all of your withholding back.

Quick Answers

Not for the FICA, as was explained by others. If you are not a dependent, you might get a "refund" for the Making Work Pay credit.

CarVolunteer

FICA won't get returned. That's Social Security.

Insurance Pickle.com

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