Federal Social Security Tax Tables

2019

PAYROLL TAXES
Social Security Medicare
Employee 6.2% of first $132,900 of income 1.45%
Self-Employed 12.4% of first $132,900 of income 2.90%
Individuals with earned income of more than $200,000 ($250,000 for married couples filing jointly) pay an additional 0.9% in Medicare taxes. The tax rates shown above do not include the 0.9%.

 

2018

PAYROLL TAXES
Social Security Medicare
Employee 6.2% of first $128,400 of income 1.45%
Self-Employed 12.4% of first $128,400 of income 2.90%
Individuals with earned income of more than $200,000 ($250,000 for married couples filing jointly) pay an additional 0.9% in Medicare taxes. The tax rates shown above do not include the 0.9%.

 

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