Sec. 1504. Repeal of exemption from FICA taxes for certain students
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(10)of section 3121(b) is amended— by inserting during any calendar year after service performed in the matter preceding subparagraph (A), and by inserting , and the remuneration paid by the employer with respect to such service during such calendar year is less than the dollar amount in effect under section 213(d) of the Social Security Act (relating to amount required for a quarter of coverage) with respect to such year before the semicolon at the end. Paragraph
(2)of section 3121(b) is amended— by inserting during any calendar year after domestic service performed , and by inserting , if the remuneration paid by the employer with respect to such service during such calendar year is less than the dollar amount in effect under section 213(d) of the Social Security Act (relating to amount required for a quarter of coverage) with respect to such year before the semicolon at the end. Subsection
(a)of section 3102 is amended by inserting ; and an employer who in any calendar year pays to an employee remuneration to which paragraph
(2)or
(10)of section 3121(b) is applicable may deduct an amount equivalent to such tax from any such payment of remuneration, even though at the time of payment the total amount of such remuneration paid to the employee by the employer in the calendar year is less than the dollar amount in effect under section 213(d) of the Social Security Act with respect to such year before the period at the end. Paragraph
(10)of section 210(a) of the Social Security Act is amended— by inserting during any calendar year after Service performed in the matter preceding subparagraph (A), and by inserting , and the remuneration paid by the employer with respect to such service during such calendar year is less than the dollar amount in effect under section 213(d) (relating to amount required for a quarter of coverage) with respect to such year before the semicolon at the end. Paragraph
(2)of section 210(a) of the Social Security Act is amended— by inserting during any calendar year after Domestic service performed , and by inserting , if the remuneration paid by the employer with respect to such service during such calendar year is less than the dollar amount in effect under section 213(d) (relating to amount required for a quarter of coverage) with respect to such year before the semicolon at the end. The amendments made by this section shall apply to remuneration received for services performed after December 31, 2014.