What Is The Current Fica Rate For 2024. In this article, we delve into the specifics of fica taxes, the current rates for 2024, the salary threshold, how to calculate fica tax on your salary, and any potential exemptions. The current gross futa tax rate is 6.0% of taxable wages, to be paid by the employer only.
What is the fica rate for 2024? That is a total of 7.65% for each party or 15.3% for both parties.
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