Loree Ranique

Additional Medicare Tax Withholding 2024. 0.18% (20% of the employee rate of 0.9%) of wages subject to additional medicare tax. An additional medicare tax of 0.9% applies to individuals making over $200,000 and couples making over $250,000.

There is an additional 0.9% surtax on top of the standard 1.45% medicare tax for those who earn over $200,000 (single filers), $250,000 (joint filers) or $125,000. The additional medicare tax is an extra 0.9% tax on top of the standard tax payment for medicare.