Medicare Fica Rate 2024

Medicare Fica Rate 2024. [3] there is an additional 0.9% surtax on top of the standard 1.45%. The rate is 6% of the first $7,000/year of gross wages.


Medicare Fica Rate 2024

Fica combines social security and medicare taxes for a total rate of 15.3%, but the cost is split between each party. Include wages, tips, commission, income earned from interest, dividends, investments,.

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