Fica Medicare Tax Rate 2024
Fica Medicare Tax Rate 2024. Medicare tax rate for 2024: Social security tax (6.2% of wages, up to a maximum taxable income) and medicare tax (1.45% of wages, with no income limit). The maximum fica tax rate for 2024 is 6.2%. This tax is 1.45% for the employee and 1.45% for the employer, totaling 2.9% […]