The National Directory of Certified Public Accountants

Ask A CPA - Payroll Taxes

Medicare - Maximum Withholding On Wages

Unlike Social Security, there is no limit on wages or earned income for Medicare purposes. Tax rates under the Medicare program are 1.45 percent for employees and employers and 2.90 percent for self-employed persons

If you need professional help with "Payroll Taxes" or have other tax questions, we can help you find a local licensed CPA for a free, no-obligation consultation.