What Is The Additional Medicare Tax For 2024 Income. It’s a mandatory payroll tax applied to earned. Income up to a threshold amount is subject to the “regular” medicare tax.
If you anticipate having a liability for additional medicare tax for 2024, you may request that your employer withhold an additional amount of income tax. 6.2% social security tax on the first $168,600 of wages (6.2% x $168,600 makes the maximum tax $10,453.20), plus.