FICA Tax Calculator

Calculate your Social Security and Medicare tax withholdings

Income Amount

Pay Period

Self-Employed (pay both employer and employee portions)

About FICA Taxes

FICA (Federal Insurance Contributions Act) taxes fund Social Security and Medicare programs. These taxes are typically split between employers and employees, but self-employed individuals must pay both portions.

2024 FICA Tax Rates

Social Security: 6.2% for both employer and employee (12.4% total)
Medicare: 1.45% for both employer and employee (2.9% total)
Additional Medicare Tax: 0.9% on income above $200,000
Social Security wage base limit: $168,600

Note: This calculator provides estimates based on current FICA tax rates and thresholds. Actual tax amounts may vary based on specific circumstances and other deductions. Consult with a tax professional for accurate tax planning.