Employer Fica And Medicare Rates 2024. That is a total of 7.65% for each party or 15.3% for both. Learn the complexities of fica tax rates for 2024, from employer responsibilities to withholding calculations and exemptions.
Medicare tax rate for 2024: The 2024 rate for the medicare tax is set at 1.45% of an employee’s gross earnings, and the employer portion matches that 1.45%.
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