What are fica taxes describe the two portions of fica and


1. FICA Taxes. What are FICA taxes? Describe the two portions of FICA and explain what they pay for. Who pays FICA?

2. Self-Employment Taxes. How are FICA taxes for self-employed individuals handled?

3. Tax Forms. Who typically files Form 1040EZ? Which tax form do most other individual taxpayers file?

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