FICA & Payroll Tax Calculator
Isolate the regressive impact of mandatory Social Security and Medicare withholding on W-2 wage earners.
Wage Inputs
Annual FICA Burden
Social Security (OASDI)
6.2% up to $168,600 wage base
$0
Medicare
1.45% (Plus 0.9% surtax if >$200k)
$0
Payroll Reduction Per Check
$0
This represents mandatory FICA deductions only. Federal and state income tax withholding will further reduce net pay.