Anyone knows the SS and Medicare rate for CA ?

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Anyone knows the SS and Medicare rate for CA ?

2007-08-14 11:32:08 · 2 answers · asked by Gucci 2 in Business & Finance ➔ Taxes ➔ United States

2 answers

The same as in the other 49 states: 6.20% and 1.45% (7.65% combined).

2007-08-14 11:38:15 · answer #1 · answered by skipper 7 · 0⤊ 0⤋

The SS rate is 6.2% of the first $97,500 in wages. The Medicare rate is 1.45% of all wages. The rates are doubled for self-employed persons. Since the levies are Federal, the rates apply universally regardless of where you live or earn the income.

2007-08-14 18:43:59 · answer #2 · answered by Bostonian In MO 7 · 0⤊ 0⤋