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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