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Social Security Administration Form

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Instructions and help about sample social security form

This is my biweekly paycheck and this is my gross pay. It's blocked out because, well, privacy and here are all the taxes I'm paying. There's the federal income tax. And because I live in Manhattan, but work for a company that's based in New Jersey, I pay New Jersey state income tax, New York state income tax and New York City income tax. Yeah, I know. There's also a Medicare tax. And then right here is something called the Social Security tax. It's six point two percent of my pay stub, which is then matched by my employer. The money that I'm paying into the system now is supposed to come back to me later in retirement. But for a while now, experts and politicians alike have been warning that the chances of that actually happening aren't looking so good if, in fact, he continues to withhold his plan to withhold the tax on Social Security. Social Security will be bankrupt in by 2023 with no way to make up for it. Social Security faces a big mismatch between the revenues that's schedule

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