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Workers pay half of the FICA tax (i.e., the 7.65% Federal Insurance Contribution Act tax for things like Social Security and Medicare), and their employers
Workers pay half of the FICA tax (i.e., the 7.65% Federal Insurance Contribution Act tax for things like Social Security and Medicare), and their employers pay the other half, to the government. Those who are self-employed pay both parts. Is this the appropriate way to divide the FICA tax or would you advise its payment be divided differently?
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