When taxpayers overpay FICA taxes, the excess taxes may be claimed as a credit against their income tax liability.

Name: When taxpayers overpay FICA taxes, the excess taxes may be claimed as a credit against their income tax liability.
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It is true that taxpayers can claim overpaid FICA taxes as a credit against their income tax liability. However, the credit may be limited and there are specific rules that need to be followed.

When Taxpayers Overpay FICA Taxes, the Excess Taxes May Be