Fica Tax Rate 2024 Medicare

Fica Tax Rate 2024 Medicare. All wages are subject to medicare tax. The 2024 medicare tax rate remains at 1.45% for both employees and employers totaling 2.9%, as it was in 2023.


Fica Tax Rate 2024 Medicare

Medicare tax rate for 2024: Employers are required to withhold 1.45% of each employee’s taxable wages to cover it.

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