Social security and medicare taxes.

PositionFast tax facts

2013 2014 Social Security Tax Maximum wage base $113,700 $117,000 Social Security rate employee 6.2% 6.2% Social Security rate--employer 6.2% 6.2% Social Security rate--self-employed 12.4% 12.4% Medicare Tax Maximum wage base Unlimited Unlimited Medicare rate--employee/employer 1.45% 1.45% Medicare rate--self-employed 2.9% 2.9% Monthly Medicare Part B Premium $104.90 $104.90 2013 2014 Additional Medicare Tax An additional 0.9% Medicare tax is imposed on an employee's wages received in excess of Married Filing Jointly $250,000 $250,000 Married Filing Separately 125,000 125000 All Others 200,000...

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