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What is a 125C deduction?

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What is a 125C deduction?

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A. Under section 125C of the IRS code, the IRS allows for certain employee paid deductions to be excluded from Federal Withholding, Social Security and Medicare taxes. Some examples of these types of deductions are the employee portion of medical and dental premiums, as well a flexible health spending, dependent care and some portions of employee paid life insurance. (i.e.

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