Employee Federal FICA Tax Calculation (Social Security & Medicare)
Calculation Results:
Annual Gross Wage:
Social Security Tax (Employee):
Medicare Tax (Employee):
Total Employee FICA Tax:
Results based on tax rates for year:
Employer Federal Payroll Tax Calculation (FICA & FUTA)
Note: FUTA wage base is typically lower. This is total wages *eligible* up to the FUTA limit per employee.
Calculation Results:
Total Wages Subject to FICA:
Total Wages Subject to FUTA:
Social Security Tax (Employer):
Medicare Tax (Employer):
Total Employer FICA Match:
Federal Unemployment Tax (FUTA):
Results based on tax rates for year:
USA Federal Payroll Tax Information
Tax Rates & Wage Bases:
Tax
Rate (%)
Wage Base
Social Security (Employee)
Social Security (Employer)
Medicare (Employee)
No limit
Medicare (Employer)
No limit
FUTA (Employer)
Note: The standard FUTA rate is 6.0% on the first $7,000 of wages paid to each employee, but most employers receive a maximum credit of up to 5.4%, resulting in a net rate of 0.6%. This tool uses the common net rate of 0.6% for simplicity.
