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Revision as of 17:59, 17 August 2026


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The 'payroll' tax applies at a set percentage of the working income - no brackets. The employee, devote 6.2% of your working income for Social Security (only up to $106,800 income) and a person specific.45% of it for Medicare (no limit). Together they take an additional 7.65% of your income. There is no tax threshold (or tax free) amount of income to do this system.

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