13.1k views
23 votes
Who benefits form medicare taxes?

User Mxxk
by
7.3k points

1 Answer

7 votes

Answer: The Medicare tax rate is 1.45% of an employee's gross income. The Medicare tax, which is a charge on both employers and employees, is paid by both.

User Jeff F
by
7.6k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.