January 11, 2002
Medical Residents Owe Social Security Taxes, IRS Says
Hoping for a break from Social Security taxes because you're a medical resident?
Uncle Sam has a word for you: Fuhgeddaboutit.
The Internal Revenue Service isn't buying the argument that teaching hospitals are educational institutions and that residents are really students.
In a recent memorandum, it concluded that the main purpose of teaching hospitals is patient care, not education. That means that medical residents have to pay Social Security (FICA) taxes on their
This content is only for subscribers. You can gain access by purchasing a:
Print Subscription
Digital Subscription
Already have an account? Log In Now.
-
The Chronicle Review
-
Government
-
Advice
