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Medical Resident FICA Forum

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a

Andrew Schwartz CPA

Jul 21, 2009 - 3:32PM

Let's work together on this FICA issue

Please remember to post whatever you hear or read regarding this FICA issue on this forum. The IRS keeps losing in the courts. Hopefully at some point you and your colleagues will be entitled to receive a refund of the FICA and Medicare taxes paid while completing your medical residency.

On a stipend of $50k, you would have paid in $3,750 of FICA and Medicare taxes. Multiply that by three or four years, and you're talking about a good amount of money.

Zip Code: 01801

e

Jul 21, 2009 - 3:33PM

Re: Let's work together on this FICA issue

So now what...? Is there no central organization spear heading this? Any clue on how and when we may be entitled to a refund of our FICA money?

d

Jul 21, 2009 - 3:34PM

Re: Let's work together on this FICA issue

I graduated residency in 1994. Is that too long ago for this to apply to me?

a

Andrew Schwartz CPA

Jul 22, 2009 - 7:24AM

Re: Let's work together on this FICA issue

That's probably too far back to qualify for any FICA refund at this point in time.

Zip Code: 01801

k

Sep 26, 2009 - 10:00PM

Re: Let's work together on this FICA issue

Thanks for all the information on this topic, I've been following this issue for 5-10 years, even submitted paperwork to the IRS many years ago to no effect. Finally, just got a notice that UPenn has hired PriceWaterhouse to try and get the FICA back for its housestaff, I'll definitely be signing up.

Zip Code: 08043

m

Apr 12, 2011 - 2:46PM

Re: Let's work together on this FICA issue

So I received notice that Lahey Clinic was filing with the IRS for FICA refund on September 2010. PriceWaterhouseCooper working on it. I've contacted them recently for an update but get a generic don't call us we'll call you. Is there a way to track the claim though the IRS directly. Any thoughts on when I could actually see some money?

Zip Code: 20853

a

Andrew Schwartz CPA

May 11, 2011 - 8:28AM

Re: Let's work together on this FICA issue

I think the only person who will have any information will be the person coordinating the FICA refund on behalf of Lahey with the IRS. I don't know of a number you can call at the IRS to get an update.

It's my understanding that these refund claims are being processed, but I think they are being processed as a pretty slow pace. Unfortunately, with the number of people and programs involved, and with the IRS' limited resources, I can't see how the process won't move along at anything but a slow pace.

Please keep us updated with anything you hear, or when you receive your FICA refund check.

Zip Code: 01801