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FICA medical resident refund

Posted on 6/4/13 at 3:09 pm
Posted by vistajay
Member since Oct 2012
2495 posts
Posted on 6/4/13 at 3:09 pm
Any TD physicians get a check for FICA refund and interest from their residency programs? $16,000+ check came in out of the blue. How much did you get and what will you spend it on?
Posted by Ric Flair
Charlotte
Member since Oct 2005
13653 posts
Posted on 6/4/13 at 3:50 pm to
Got a couple thousand bucks a few weeks ago. Finished residency in '06, so I'm guessing you finished a while back.

Posted by lesserof2weevils
In my own mind
Member since Oct 2011
775 posts
Posted on 6/12/13 at 6:24 pm to

yeah
got 23k dropped outa da sky!
been waitin on it for 2 yrs.
you will have to pay taxes on interest earned.
Posted by lsusaintsfan4life
Member since Mar 2008
947 posts
Posted on 6/12/13 at 7:19 pm to
What is this about? I finished residency at LSU (Charity) in 2005 and haven't heard anything about this.
Posted by NOMT
Baton Rouge, LA
Member since Mar 2007
575 posts
Posted on 6/12/13 at 8:10 pm to
Nice.

I trained at Parkland 02-05. Inquired about this a couple of years ago. Denied there was any 'error' or back money owed to me. Gave up trying.
Posted by lesserof2weevils
In my own mind
Member since Oct 2011
775 posts
Posted on 6/19/13 at 4:51 pm to
If FICA was taken out of your paychecks as a resident, you should be eligible to have it refunded. If you didn't know this and do the paperwork for it a year or so ago, it may be complicated, but you wouldn't be alone in that boat. Maybe there will be or could be a new effort on behalf of the ones who were left out. Got any friends who are tax attorneys?
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