Comprehensive guides on Social Security benefits taxation, self-employment tax, Medicare taxes, and payroll tax requirements.
Understand Social Security benefits taxation, self-employment tax calculations, and Medicare tax obligations.
Overview of Social Security and Medicare taxation, FICA rates, wage bases, and employer obligations.
Determine what portion of your Social Security benefits is taxable. Combined income calculation, 50%/85% thresholds, and provisional income rules.
Self-employment tax calculation (15.3% = 12.4% Social Security + 2.9% Medicare), wage base limitations, additional Medicare tax (0.9%), and deduction for one-half of SE tax.
2025 Rates & Limits:
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