What were the IRS FICA tax limits in 2013?

By Forinfos - 28/08/2025 - 0 comments

The FICA tax is the social security and Medicare tax, but only the social security tax has a tax limit for 2013, which was $113,700, as stated by the University of Minnesota. The individual tax percentages for the FICA taxes were 6.2 percent for social security and 1.45 percent for Medicare.

2013 was the first year anyone who made over 200,000 a year had to pay an additional 0.9 percent Medicare tax, according to Outsource Your Books. These taxes are seen at payroll level and not something paid at the end of the year, but the amount paid into FICA must be listed on the yearly taxes.


Comments

Be the first to write a comment for this article.

Related Articles

Trending Articles