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Medicare Tax Rate 2024 Irs

Medicare Tax Rate 2024 Irs. The current tax rate for social security is 6.2% for the employer and 6.2% for the employee, or 12.4% total. The 2024 medicare tax rate is 2.9%.


Medicare Tax Rate 2024 Irs

The standard medicare tax rates are calculated from your gross pay. There is an additional 0.9% surtax on top of the standard 1.45% medicare tax for those who earn over $200,000 (single filers), $250,000 (joint filers) or $125,000.

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