Fica Tax Rate | 2012, 2013, 2014

Posts Tagged "Social Security wage base"

2014 FICA Tax Rate

The 2014 FICA tax rate is 6.2% for social security taxes and 1.45% for Medicare taxes.  This is the employee’s contribution.  The employer gives that much again for a total of 12.4% and 2.9% respectively that goes to the IRS on behalf of each employee.  This reflects no change from 2013 (most of tax year […]

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