![]() ![]() No matter which state you call home, you have to pay FICA taxes. These taxes together are called FICA taxes. You and your employer will each contribute 6.2% of your earnings for Social Security taxes and 1.45% of your earnings for Medicare taxes. ![]() Your hourly wage or annual salary can't give a perfect indication of how much you'll see in your paychecks each year because your employer also withholds taxes from your pay.
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