Field Description - Employee FICA Code

The Employee FICA Code (for compliance with the Federal Insurance Contributions Act) contains one of the following FICA codes for the employee:

• 0 - Full:  Regular and Medicare FICA tax rates apply.

• 1 - Exempt:  Exempt from both regular and Medicare FICA taxes.

• 2 - Medicare-Only:  Exempt from regular FICA taxes only.

Note:  You can only specify the FICA code when entering a new employee during Employee Master Maintenance in the Employee Information Area.  You can not change the value, later.

See Also:  Tax - FICA Rate, Tax - FICA Income Limit

Format:  1.0 numeric (predefined)