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Frieda’s 2024 year-to-date FICA taxable wages are . On December 31,2024 ,
she receives a bonus. How much FICA tax should be withheld on the bonus?

Ask by Bartlett Garza. in the United States
Mar 16,2025

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The FICA tax withheld on the $10,000 bonus is $145.

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Frieda’s FICA tax consists of two components: Social Security tax and Medicare tax. For 2024, the Social Security tax rate is 6.2% on wages up to the maximum wage base limit of $160,200, while Medicare tax is 1.45% on all wages, with an additional 0.9% for income above $200,000. Since Frieda’s wages already exceed the Social Security limit, only the Medicare tax applies to her bonus.
To calculate the Medicare tax on the bonus:
  • .
Therefore, Frieda should have withheld for FICA taxes from her bonus.

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