Can You Opt Out of Paying Social Security Taxes?
When you received your first paycheck, you were probably in for a rude awakening. You knew you’d have to pay taxes. You likely had no idea how many taxes you really had to pay for living in the United States.
Many people don’t believe the Social Security system will be around to pay them when they get old. There is evidence that says otherwise but some people still want to opt out of paying Social Security taxes.
Ways You Might Be Exempt From Paying Social Security Taxes
- Exemption for qualifying religious groups
- Certain nonresident aliens
- Foreign government employees
- Temporary student exemption in certain cases
- Other exemptions
Exemption for Qualifying Religious Groups
In order for this exemption to work, your religious group must have been in existence at the end of the year in 1950. ادامه مطلب