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FICA = social security taxes. FICO is your credit score. There is no way to tell how many points your score will go down. With a low of 529 your score may tumble less than someone with a much higher score pre-bankruptcy.

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Q: How many points will a chapter 7 bankruptcy reduce your FICA of 529?
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Related questions

Who pays FICA taxes?

employers pay the fica tax


What is the FICA withholding rate for 2011?

what is the FICA rate for 2011


What are two of programs that FICA funds?

Social Security and Medicare are funded by FICA


Do seniors over 65 have FICA deductions?

Yes, seniors over 65 who are still working are subject to FICA deductions (Social Security and Medicare taxes) on their wages. Once they start receiving Social Security benefits, they no longer have to pay the Social Security portion of FICA, but they still contribute to Medicare through payroll taxes.


What is the frequency of FICA and witholding depends on the amount taxes are due?

frequency of fica payments


Is fica taken out on short term disability?

why wasn't fica taken out of std checks


If employee is exempt from FICA is employer also exempt from contributing to FICA for that employee?

Yes.


What is a purpose of a fica tax?

The fica is taken out of your paychecks and added to the Social Security fund.


is their an age limit on who pays fica taxes?

is there an age limit on who pays fica taxes


What is the purpose of a FICA tax?

A Fica tax has several different purposes that serve different people. A Fica tax serves to finance government educational programs and developmental projects. A Fica tax also provides those who are disabled and/or retired with insurance.


What is FICA payable and fica Expense?

I am doing a certified payroll report and am not certain what they mean can someone tell me what they mean on the paystub of the employee, FICA, FEDERAL STATE TAX and SDI


When do you stop paying FICA for the year?

The maximum amount of wages subject to the FICA-Social Security tax for 2009 is $106,800. There is no limit on the amount of wages subject to the FICA-Medicare tax.