Who is exempted from FUTA, Social Security and Medicare

Hello there, srinivas.

In QuickBooks Online (QBO), employees may be exempt from FUTA, Social Security, and Medicare taxes under specific circumstances, typically for certain categories such as:

• Religious organizations and employees.
• Specific small businesses.
• Certain employment types like student or government roles.

However, exemptions vary based on organization, employment status, and tax laws. I suggest consulting a tax professional or IRS guidelines for the eligibility criteria on FUTA, Social Security, and Medicare tax exemptions.

Additionally, I've added these articles to learn more about tax wages:

• Understand payroll tax wage bases and limits
• Understand Federal Unemployment Tax Act (FUTA) Credit Reduction States
• Exempt your employee from Federal or State Withholding

Let me know if you have other questions about tax wages. I'm always here to help. Take care.