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Frequently Asked Questions

I am a student at UTHSC-H, and also an employee. Should I be exempt from FICA taxes?

UTHSC-H Finance - Payroll - General Payroll FAQ
Students currently attending classes half-time or more at UTHSC-H and employed at UTHSC-H in one of the selected student job codes will be exempt from all FICA taxes. For additional information read the Student Pay Guidelines. If you have any questions, please call Payroll at x3957.

Are Students exempt from the FICA and Medicare Taxes?

UW - Tax Office
The Internal Revenue Code provides an exemption from FICA and Medicare taxes for students paid by the colleges and universities in which they are enrolled. This exemption is mandatory and will apply to most undergraduate and graduate students employed by the UW. There are regulations that further define who is a student and eligible for the exemption from these taxes.

Why do I sometimes have FICA taxes deducted?

Utah State University
If you are not enrolled as a half-time student or more we are required to deduct FICA taxes. FICA tax deduction waivers are not applicable to benefited employees.

Where do FICA taxes go?

FAQ 1. Administrative
FICA contributions are made to the U.S. Department of Treasury, which allocates them to the trust funds to which they are designated.

Q17: What does FICA mean and why are Social Security taxes called FICA contributions?

Social Security history Frequently Asked Questions
Social Security payroll taxes are collected under authority of the Federal Insurance Contributions Act (FICA). The payroll taxes are sometimes even called "FICA taxes." In the original 1935 law the benefit provisions were in Title II of the Act and the taxing provisions were in a separate title, Title VIII. As part of the 1939 Amendments, the Title VIII taxing provisions were taken out of the Social Security Act and placed in the Internal Revenue Code.

a student employee, do I have to contribute to Social Security (FICA)?

FAQ
Whether you are required to pay into Social Security depends on IRS policies which determine whether your main purpose is to be a student or an employee. According to these policies, a degree-seeking student who is enrolled in at least six credit hours (five for graduate students) in the academic year and working less than 32 hours per week is primarily a student, and therefore does not have to pay into retirement.

Is a nonprofit corporation exempt from taxes?

Nonprofit FAQs
A Texas nonprofit corporation is not automatically exempt from federal or state taxes. To become exempt, it must meet certain requirements and apply with both the IRS and the Texas Comptroller of Public Accounts.

Who is an exempt employee?

Compensation & Classification FAQ's
paid overtime when he/she works more than 40 hours in a workweek. The three major general exemptions relate to executives, administrative employees, and professionals. Exempt status is based on the employee's actual job duties and responsibilities.

How do I get a LakerID as a current student or employee?

Clayton State University Unique ID FAQ's
Current faculty, staff, and students will have a LakerID automatically assigned to them as part of the conversion process. Once implemented, there will be a web-based mechanism that allows all students, faculty, and staff to find their LakerID. The Board of Regents issued the document "Protecting Student Identity - Principles for Good Practice" in August 2002.

Who is a non-exempt employee?

Compensation & Classification FAQ's
A nonexempt employee is entitled to overtime pay under the Fair Labor Standards Act. Overtime at Prairie View A&M University is paid at a rate of one and one-half the non-exempt employee's regular rate of pay for each hour worked in excess of 40 hours per week.

What is FICA?

Office of Payroll Administration
FICA is the acronym for the Federal Insurance Contributions Act. FICA consists of both Social Security and Medicare taxes. LoDI Payments received for more than six months had previously been deemed to be exempt from FICA tax withholding by the IRS under a separate statutory provision. Only LoDI payments made to an employee for a period of six months or less were subject to FICA taxes.

If I'm a tax-exempt customer, will I be charged taxes?

Daigger: Frequently Asked Questions
No. Once you register with the correct shipping and billing information and place your order, your account number will be assigned to your online account. If you have a tax-exempt account, then taxes will not be applied to your online orders.

Are cemeteries on private property exempt from property taxes?

Is embalming required by law? and other Frequently Asked Que...
They can be. In choosing to bury on your private property, you essentially are creating (or adding to) a family cemetery. If a family creates a family cemetery on their property, they must then have their property deed and plat map legally changed to truthfully and explicitly show the existence and location of the cemetery. This will require the services of a registered land surveyor.

Are students exempt from paying Social Security (OASI) and Medicare (OAHI) taxes?

FAQs
Under IRS Section 3121(b)(10) of the Internal Revenue Code, students performing services as an employee of a college or University could be exempt if certain conditions are met.

How can my company be exempt from sales taxes?

LAMPS PLUS
Professional buyers with a tax exempt re-sale certificate are exempt from state taxes. Just fax a copy of your re-sale certificate to 1-818-341-1618 to qualify for tax-exempt status. back to top | main help

Who needs to know that a student or employee has HIV infection?

Frequently Asked Questions Concerning Human Immunodeficiency...
There is no need for anyone at school to know the HIV status of a student or employee. What everyone does need to understand is that the blood of any student or employee could potentially be infected with a bloodborne pathogen such as HIV or Hepatitis B, and that under normal conditions in regular educational programs, use of "Universal Precautions" is sufficient to protect against transmission of bloodborne diseases.

How many credits do I have to take to be considered a student under the student FICA exemption?

UW - Tax Office
The rules require that students be "enrolled and regularly attending classes." The number of credits you need to be taking at the UW is determined by whether you are an undergraduate or graduate student and the academic quarter in which you are enrolled. The following chart shows the number of credits that you must take to be considered a student for purposes of the exemption. Determination of student status is made quarterly; however, that determination is monitored each payroll.
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