FICA W/H

[Ada676]

I'm new to this system, but on the Employee Pay Items report shouldn't the FICA Liability be the same as the FICA W/H from the Employee? Thanks for any info!

[NeilZ]

I'm new to this system, but on the Employee Pay Items report shouldn't the FICA Liability be the same as the FICA W/H from the Employee? Thanks for any info!

Yes, this year it went BACK to 6.2% from the previous 4.2% for Employee and 6.2% for employer in 2012.

That means if you're using separate SS Tax Tables for each, you can go back to one using 6.2%.

For more info: http://www.irs.gov/file_source/pub/irs-pdf/p15.pdf