What is the Additional Medicare Tax for high earners?
PeopleKeep
JUNE 23, 2023
High-wage earners pay more than the standard tax payment for Medicare. If you employ highly compensated employees, you must ensure you withhold the correct amount for Medicare taxes. The Additional Medicare Tax is an extra 0.9% This additional payment has been around since 2013 as part of the Affordable Care Act (ACA).
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