WebMar 11, 2014 · That includes discrimination based on race, color, national origin, sex, or religion; disability; genetic information (including family medical history); and age (40 or … WebMar 13, 2024 · Self-Employment Tax Definition. In 1935, the federal government passed the Federal Insurance Contribution Act (FICA), which established taxes to help fund Social Security and Medicare. The FICA tax is 15.3%, paid by employers and employees, who split the burden by each paying half. Employers pay 7.65% and their employees pay 7.65%.
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