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What is the income threshold for exemption for Medicare deduction from Social Security?

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There is no income threshold for Medicare taxes. While the 6.2% Social Security tax is only deducted from the first $106,800 of gross income, you continue paying 1.45% for Medicare on all wages earned.
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At what age will social security and medicare taxes not be withheld from income?

Death usually stops taxes pretty well. If you earn income (which includes receiving a pension), expect to pay taxes on it for as long as you are alive. ans The above may be co

What is deducted from a workers paycheck to fund social security and medicare?

In most years, your employer will deduct the following from your paycheck: Social Security: 6.2% of your gross pay Medicare: 1.45% of your gross pay However, in 2011 Oba

What is the 2011 social security and medicare deduction?

The amount that will be withheld from the employee gross pay by your employer would still be 7.65% the same amount as it was for the tax year 2010. You should get this informa