Additional Medicare Tax Rate 2024 Lok. Here is everything you need to know about paying the fica tax on various forms of retirement income. The 2024 medicare tax rate remains at 1.45% for both employees and employers totaling 2.9%, as it was in 2023.
In 2024, the medicare tax rate for employers and employees is 1.45% of all wages, unchanged from 2023. The 2024 union budget introduced some modifications regarding the aadhaar card, stt, tds rate, and the direct tax vivad se.