Medicare Tax Limit 2024 For Employees. In 2024, the medicare tax rate for employers and employees is 1.45% of all wages, unchanged from 2023. Fica is a 15.3% payroll tax that funds social security and medicare.
There is no maximum wage limit for the medicare tax. Fica is a 15.3% payroll tax that funds social security and medicare.
Medicare Tax Limit 2024 For Employees Images References :
