Statements (27)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
gptkb:tax_law
|
| gptkbp:alsoKnownAs |
gptkb:FICA_tax
|
| gptkbp:appliesTo |
earned income
|
| gptkbp:approvedBy |
gptkb:Federal_Insurance_Contributions_Act
|
| gptkbp:compatibleWith |
investment income
unearned income |
| gptkbp:establishedIn |
1937
|
| gptkbp:fundedBy |
Social Security Benefit
|
| https://www.w3.org/2000/01/rdf-schema#label |
Social Security Tax
|
| gptkbp:imposedBy |
gptkb:United_States
|
| gptkbp:maximumTaxableEarnings2024 |
$168,600
|
| gptkbp:notableCollection |
gptkb:Internal_Revenue_Service
|
| gptkbp:pays |
self-employed individuals
employees |
| gptkbp:rateForEmployees |
6.2%
|
| gptkbp:rateForEmployers |
6.2%
|
| gptkbp:reportsTo |
gptkb:Form_1040
gptkb:Form_W-2 |
| gptkbp:selfEmployedRate |
12.4%
|
| gptkbp:separates |
gptkb:Medicare_tax
|
| gptkbp:subjectToWageBaseLimit |
true
|
| gptkbp:usedFor |
disability benefits
retirement benefits survivors benefits |
| gptkbp:withheldBy |
employers
|
| gptkbp:bfsParent |
gptkb:Payroll_Taxes
|
| gptkbp:bfsLayer |
8
|