Employee Payroll Tax Calculator
Estimate the employer's share of FICA taxes (Social Security and Medicare) for an employee's paycheck.
Employer's Tax Contribution
Understanding Employer Payroll Taxes
Employers are responsible for paying their share of FICA taxes, which include Social Security and Medicare taxes. This calculator helps you estimate the employer's portion of these taxes for an employee's paycheck. Note that this does not include federal or state unemployment taxes, or other withholdings.
Frequently Asked Questions
What is FICA?
FICA stands for the Federal Insurance Contributions Act. It's a U.S. federal payroll tax deducted from each paycheck. Your FICA taxes go toward funding Social Security and Medicare.
Are employers and employees taxed at the same rate?
Yes, for FICA taxes, both the employer and the employee pay the same rate. The employee's portion is withheld from their paycheck, and the employer pays their portion separately.