Oct. 30, 2015 (All day) For additional semester dates and deadlines visit, the Registrar's office website. More.
FICA taxes aren't usually deductible on your return. The Federal Insurance Contributions Act imposes both a Social Security tax and a Medicare tax on income you earn from working during the year. When you work as an employee, you split the tax with your employer and your employer simply takes it out of your paycheck.hough self-employment taxes include the same taxes -- Social Security and Medicare -- as FICA taxes, they're treated differently on your income taxes. See, when you're self-employed, you pay the equivalent of both the employer and the employee portion of the FICA taxes.
Back to top. Employers can only deduct the amounts the employee has agreed to or is allowed by law. For example, if an employee agreed the employer can deduct $50 per pay and the employment ends before the full amount is recovered, the employer can only deduct $50 from the employeeâs last pay.fter 4 pay periods, the employee quits the job. There is still $600 owed to the employer. The employer can deduct $100 from the final pay because this is what had been agreed to. The employer can only deduct the full $600 (or the remaining $500) if the employee agrees.