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What is the income level cutoff this year when you stop having to pay medicare taxes?


What is the income level cutoff this year when you stop having to pay medicare taxes?

Simple answer there is no limit on Medicare taxes, only a limit on Social Security. Which is 94,200 for 2006.
Here is the link http://www.ssa.gov/pubs/10003.html...
$87,000
www.irs.gov
Happy to Help is correct.

There is no limit on Medicare. Of course, Medicare is 1.45%

The bigger of the tax is Social Security of 6.2% but the wage limit on that for 2006 is $94,200
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