No.
Your employer does that and they deduct automatically.
Depending on the laws of the state, an employer can deduct for Workman's Compensation. Deductions for federal programs such as Workman's Compensation and Social Security are standard deductions.
An employer cannot deduct from your pay without your prior written permission - not union dues, not Social Security, not fed tax withholding. Certainly not the value of a coupon.
For the social security amount and the Medicare the total percentage is 15.3%. Employer and employee each is supposed to pay one half of the amounts. Employer Medicare 1.45% SS tax 6.2% equal 7.65%. Employee should be the same amounts.
See http://www.losthorizons.com/Newsletter.htm
Social Security tax & Medicare tax
The employer and employee both contribute to the fund.
From the employer to the employee no difference gross pay earnings and social security wages earnings would be the same thing.
Only governments impose civil or criminal fines, and those fined have appael rights. Employers can deduct NOTHING from your pay without your prior written permission - no fed taxes, not Social Security, not med benefits. Not "fines".
In most years, your employer will deduct the following from your paycheck: Social Security: 6.2% of your gross pay Medicare: 1.45% of your gross pay However, in 2011 Obama signed into a law a "payroll tax holiday" as part of the continued effort to stimulate the economy. For 2011 only, the social security tax coming out of your paycheck is 4.2% instead of 6.2%, meaning that this year you will take home more money than you would in a "normal" year. Your employer matches these amounts too -- they pay another 6.2% for social security, and another 1.45% for Medicare. Under the payroll tax holiday, only your portion of social security is reduced to 4.2% -- your employer is still paying 6.2% of your pay into social security for you.
if your long term disability is integrated with social security disability, then yes. This is the case for most employer paid long term disability plans, or your employee benefits package. If the Long-Term DI policy is an individual plan, not through your employer - you could receive the full base benefit if it's not integraded with Social Security Disability Benefits.
An employee with a employer would have 7.65% withheld from from gross earnings. 21899.77 X .0765 = 1675.33 social security and medicare taxes.