U.S. Federal Insurance Contribution Act (FICA) Tax Rates
1
Wage Base
Limit
Tax Rate
Maximum Annual
Contribution
Employee
Employer
Employee
Employer
2012
Up to $110,100
Over 110,100
5.65
1.45
7.65
1.45
$6,221
N/A
$8,423
N/A
2013
Up to $113,700
113,701 to 200,000
Over 200,000
2
7.65
1.45
2.35
7.65
1.45
2.35
$8,698
9,949
N/A
$8,698
9,949
N/A
2014
Up to $117,000
117,001 to 200,000
Over 200,000
1
7.65
1.45
2.35
7.65
1.45
2.35
$8,951
10,154
N/A
$8,951
10,154
N/A
Net
Earnings
Limit
Self-employed
Tax Rate
Maximum
Annual
Contribution
2012
Up to $110,100
Over 110,100
13.3
2.9
$14,643
N/A
2013
Up to $113,700
113,701 to 200,000
Over 200,000
15.3
2.9
3.8
$17,396
19,899
N/A
2014
Up to $117,000
117,001 to 200,000
Over 200,000
1
15.3
2.9
3.8
$17,901
20,308
N/A
/ 141
Social Security and Medicare Taxes
Self-employment Tax
Notes
(1) All amounts referred to in the table and the notes are denominated in U.S. dollars
(2) The threshold for the higher rate for the Medicare portion of the FICA tax is $200,000 of
wages or self-employment income for a single filer, $250,000 for married taxpayers filing a
joint return and $125,000 for married taxpayers filing separately.
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