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Medicare Employee Additional Tax 2024 Notification

Medicare Employee Additional Tax 2024 Notification. The additional medicare tax of.9% applies to earned. • 2.35% medicare tax (regular 1.45% medicare tax plus 0.9% additional medicare tax) on all wages in excess of $200,000 ($250,000 for joint returns, $125,000.


Medicare Employee Additional Tax 2024 Notification

Effective for employees beginning in 2013, the 0.9 percent additional medicare tax is imposed on individuals for wages in excess of $250,000 for married. Employers must withhold the additional 0.9% medicare tax from employees’ wages once their earnings exceed the specified.

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