The amount of an employee’s earnings that will be subject to Social Security tax will increase in 2022.
For 2022, the number is $147,000, an increase of $4,200 from last year.
The Social Security tax rate will remain 6.2% for employers and employees.
The Medicare portion of FICA will also remain at the rate of 1.45%. Employees earning $200,000 ($250,000 if married filing jointly) will again pay the 0.9% Additional Medicare Tax.
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