â¢ MINOR PREMISE (noun) The noun MINOR PREMISE has 1 sense: 1. the premise of a syllogism that contains the minor term (which is the subject of the conclusion) Familiarity information: MINOR PREMISE used as a noun is very rare.
The additional tax rate is 0.9% on employee income (employers do not have to contribute to this additional tax). The additional Medicare tax is effective for income over a specific level, depending on the individual's federal income tax filing status.
Social Security portion of FICA is generally 6.2% of gross wages; the Medicare portion is 1.45% of gross wages. These taxes are withheld and paid by the University each payroll cycle. Nonresident aliens in F, J, M or Q status. are exempt from this tax under specific conditions.