Medicare tax


Part of the FICA tax, this tax is calculated based on an employee's wages. The current rate is 1.45 percent paid by an employee with the employer matching 1.45 percent. Medicare tax paid is 2.9 percent.

Related Videos

Have a question about Medicare tax? Ask for help in the
advertise here

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z