The Difference Between Taxable Gross & FICA Taxable Gross

by W D Adkins ; Updated July 27, 2017
Anything the IRS can tax is gross income, but only part is subject to FICA taxes.

The Internal Revenue Service is only interested in your taxable gross income. It's what you have before claiming exemptions, deductions and credits. FICA taxable gross isn't different from this as much as it's a part of it. That term covers the portion of gross income subject to Social Security and Medicare taxes.

Gross and FICA Income Elements

Wages, tips and self-employment earnings are the most common taxable gross elements, but there are many more. Ordinary dividends, investment profits, pensions, unemployment benefits and alimony received count too. So do taxable interest earnings and the taxable portions of IRA distributions and Social Security benefits. FICA taxable gross includes only wages, salary, tips and self-employment income.

About the Author

Based in Atlanta, Georgia, W D Adkins has been writing professionally since 2008. He writes about business, personal finance and careers. Adkins holds master's degrees in history and sociology from Georgia State University. He became a member of the Society of Professional Journalists in 2009.

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