Medicare Employee Tax Rate 2024

Medicare Employee Tax Rate 2024. Federal payroll tax rates for 2024 are: In 2024, only the first $168,600 of your earnings are subject to the social security tax.


Medicare Employee Tax Rate 2024

[3] there is an additional 0.9% surtax on top of the standard 1.45% medicare tax for. The medicare tax rate for 2024 is 2.9% and is split between employees and their employer, with each paying 1.45%.

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