Please ensure Javascript is enabled for purposes of website accessibility

Additional Medicare Tax Withholding

Effective January 1, 2013, additional Medicare Tax applies to an individual’s Medicare wages that exceed $200,000 for the year. As the year draws to an end, employers, employees, and the self-employed should be making sure they are in compliance with the new 0.9% additional Medicare tax.

SBS Clients can rest assured that our payroll platform was configured as of January 1, 2013 to calculate and collect the overage where applicable.Contact us to learn about payroll, HR services, HCM, and medicare tax withholding

Leave a Reply

Your email address will not be published.