Fica Tax Rate 2024 Medicare Benefit.  — in 2023, the medicare tax rate is set at 1.45%, which is matched by an additional 1.45% from employers, for a total of 2.9%.  — income above rs 10 lakh is taxed at 30%, with a base amount of rs 1,12,500.


Fica Tax Rate 2024 Medicare Benefit

This is a 1.45% medicare tax on all taxable wages.  — fica taxes are broken down as follows:

Fica Tax Rate 2024 Medicare Benefit Images References :