Paying Taxes : How to Determine If You Paid Too Much Social Security Tax

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Uploaded by on Feb 11, 2009

Social security tax should be 15.3 percent of the gross income, and most employers pay half of that percentage while the other half appears on the W-2 at the end of the year. Calculate social security tax, which everyone draws on in old age, with information from an IRS tax agent in this free video on personal finance.

Expert: Shirley Charboneau
Bio: Shrley Chaboneau is the owner of Fast Tax Services in Los Angeles, Calif.
Filmmaker: Abiy Engida

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