Skip to main content
July 15, 2020
Question

Are social security tax and medicare tax included in income taxes paid?

  • July 15, 2020
  • 1 reply
  • 0 views
No text available

1 reply

SteamTrain
Employee
August 1, 2020

No....those are entirely separate entries that are considered separate "payroll" taxes, or FICA.

 

the "Income Taxes Paid" menu line on the Deductions&Credits page can include the total of a whole bunch of fed/state/local  withholding amounts already entered in the Income area,  along with some state and Local income taxes paid during 2019, but "for" your 2018 taxes.  So that total my seem strange.

____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*