FUTA Recertification Letter
Category Archives: FICA Tax
FICA Tax Due Date
FICA Tax Due Date
FICA Tax Form 941
FICA Tax Form 941
FICA Tax Limit
FICA Tax Limit
FICA Tax Rate
FICA Tax Rate
FICA Taxable Wage Base
FICA Taxable Wage Base
FICA Medicare Tax
FICA Medicare Tax
FICA Social Security Tax
FICA Social Security Tax
FICA Tax Table
Historical Social Security and Medicare Tax Rates Table
| FICA Tax Year | OASDI (Social Security) | HI (Medicare Tax) | Total Tax |
| 1990 and later | 6.200% | 1.45% | 15.3% |
| 1988-1989 | 6.060% | 1.45% | 15.2% |
| 1986-1987 | 5.700% | 1.45% | 14.3% |
| 1985 | 5.700% | 1.35% | 14.1% |
| 1984 | 5.700% | 1.30% | 14.0% |
| 1982-1983 | 5.400% | 1.30% | 13.4% |
FICA Withholding Tax
If FICA Tax same as Federal Withholding Tax?
Yes, FICA Tax (Social Security Tax + Medicare Tax) is the same as Federal Withholding Tax. Some people just refer as payroll tax.
Social Security and Medicare taxes are paid both by the employees and the employer. Both parties pay half of these taxes. Employees pay half, and employers pay the other half.
- Social Security (Employee pays 6.2%)
- Social Security (Employer pays 6.2%)
- Medicare (Employee pays 1.45%)
- Medicare (Employer pays 1.45%)