TheMedicare taxrate is 1.45% for the employee and 1.45% for the employer for a total of 2.9% in 2023 and 2024.5Employers are responsible for withholding the 0.9% Additional Medicare Tax on an employee's wages that exceed $200,000 in a calendar year for an individual and $250,000 for ma...
← Your IRA and Your Spouse – Or Maybe Not Withholding and Social Security Benefits→ 6 Comments Robert Yaeger December 23, 2023 at 2:40 am I want to make sure I understand how IRMAA works. I am going to file my 2023 return soon. Which year’s published Medicare table will be ...