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What Is The Additional Medicare Tax For 2024 Calculator

What Is The Additional Medicare Tax For 2024 Calculator. There’s no additional medicare tax because your net earnings fall.  — the medicare tax rate for 2024 is 2.9% and is split between employees and their employer, with each paying 1.45%.


What Is The Additional Medicare Tax For 2024 Calculator

$46,175 x 15.3% (0.153) = $7,064.78. It’s a mandatory payroll tax applied to earned income and wages, and comes out.

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