What is not included?
Income tax withholding, unemployment taxes, the yearly Social Security wage limit and the extra Medicare tax on high earners.
Payroll Tax Calculator
What an employee really costs.
Employer pays
$0.00- Social Security (6.2%)
- $0.00
- Medicare (1.45%)
- $0.00
- Employee pays the same
- $0.00
- Total cost of this pay
- $0.00
How it’s calculated
- Social Security = gross × 6.2%
- Medicare = gross × 1.45%
Example: On $5,000 of pay, each side pays $382.50.
About the Payroll Tax Calculator
Social Security and Medicare on a paycheck, for both employee and employer.
How to use this tool
- Enter the gross pay.
- Read the employer and employee share.