1. 63254 POINTS
    Peggy MacePRO
    CEO and Senior Agent, Outlook Life, Inc, Most of the U.S.
    The Medicare tax rate is 1.45% each for the employee and employer, regardless of income. For employees making over $200,000 per year, an additional 0.9% must be withheld from their wages in 2013. This additional Medicare tax (AMT) is only charged to the employee; the employer does not have to match it.
    Answered on July 30, 2013
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