The current tax rate for social security is 6.2% for the employer and 6.2% for the employee, or 12.4% total. The current rate for Medicare is 1.45% for the employer and 1.45% for the employee, or 2.9% total.Mar 15, 2022
What is Medicare and Social Security withholding?
What are the Social Security and Medicare tax rates for 2020?
What taxes are taken out of Social Security?
What is the Medicare tax rate for 2021?