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snehakhabiya
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Joined: 21 Mar 2008
Location: United States
Online Status: Offline
Posts: 63

Posted: 27 Nov 2009 at 20:35 \| IP Logged

Does the total paroll liability on the employer's part
include Employee's FICA too?

Employer's FICA
+ Employee's FICA ?
+ Salary for the period

The payroll taxes liabilities include:
Federal inc. tax withheld
+ Employee FICA
+ Employer FICA

Payroll tax expense on employer's part :
Wages
* FICA tax rate

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Zeratul
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Joined: 11 Jun 2009
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Posts: 987

Posted: 27 Nov 2009 at 22:42 \| IP Logged

No. Employee FICA is included in the employee's wages; it is a tax paid by the employee and the employer cannot count it among its expenses.

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