What is the income limit past which you don't have to pay medicare tax for 2007?

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2007-09-20 08:54:51 · 3 answers · asked by vardvu 2 in Business & Finance ➔ Taxes ➔ United States

There is no limit. There is a limit for having to pay social security tax, which was $94,200 for 2006, and is $97,500 for 2007.

2007-09-20 09:38:41 · answer #1 · answered by Anonymous · 2⤊ 0⤋

There isn't a limit - you pay medicare tax on all of your job income. It's only social security tax that has a limit.

2007-09-20 16:26:08 · answer #2 · answered by Judy 7 · 2⤊ 0⤋

There is no limit, but really its only 1.45 percent.

2007-09-20 22:17:04 · answer #3 · answered by Anonymous · 0⤊ 0⤋