Payroll Tax Calculator
Employer and employee payroll tax.
Enter your values
ⓘ Live results
Results
- Employer total
- $5,586.00
- Employee total
- $5,355.00
- Social Security (each)
- $4,340.00
- Medicare (employee)
- $1,015.00
- FUTA
- $42.00
- SUTA
- $189.00
Quick answer
Social Security is 6.2% each side up to the wage cap, Medicare 1.45% each side with no cap, plus employer unemployment tax.
How to use the Payroll Tax Calculator
- 1Enter annual wages for the employee.
- 2Check the current Social Security wage cap.
- 3Enter your state unemployment rate and wage base.
Worked example
Using the values the calculator loads with:
Inputs
- Annual wages70000 $
- Social Security wage cap168600 $
- State unemployment rate2.7 %
- Unemployment wage base7000 $
Results
- Employer total$5,586.00
- Employee total$5,355.00
- Social Security (each)$4,340.00
- Medicare (employee)$1,015.00
- FUTA$42.00
- SUTA$189.00
Frequently asked questions
Is there extra Medicare tax?
Yes — an extra 0.9% employee-only above $200,000 of wages.
Do employers pay the additional Medicare tax?
No, it is withheld from the employee only.
About this calculator
- Built and reviewed by James Whitfield · How we build and test calculators
- Report an error
Results are estimates for general information. For medical, legal, structural or financial decisions, confirm with a qualified professional.