Fica And Medicare Tax Rate 2024 Employer. Like social security tax, medicare tax is withheld from an. Both employees and employers contribute to fica tax, with a combined rate of 15.3%.
If you work for an employer, you are responsible for half of the total bill (7.65%), which includes a 6.2% social security tax and 1.45% medicare tax on your. All wages are subject to medicare tax.
Fica And Medicare Tax Rate 2024 Employer Images References :
