Payroll Discussion about the Medicare and Social Security Tax Rate High? and various important topics, studies, strategies, and general notes are discussed here.
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Medicare and Social Security Tax Rate High?
On my pay stub and my employees, the Medicare / EE rate is 1.62% and the Social Security OASDI / EE rate is 7%. Shouldn’t they be 1.45% and 6.2% respectively? It seems this is for the whole company … I have searched for an answer and no one is answering. Is there a reasonable explanation for this before I get pissed off? Thanks
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This thread was originally published on 2021-03-15 09:20:59.
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