Employer Fica And Medicare Rates 2024 Nj. The current tax rate for social security is 6.2% for the employer and 6.2% for the employee, or 12.4% total. To calculate fica (federal insurance contributions act) taxes in the united states, which include social security and medicare taxes, follow these steps:


Employer Fica And Medicare Rates 2024 Nj

Medicare tax rate for 2024: 1.45% for both the employer and the employee.

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