- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
FICA is Social Security & Medicare tax in W2 boxes 4 & 6. That only is for federal.
Social Security in box 4 is 6.2% of box 3. For 2024 the max for Social Security is $10,453.20 on $168,600 of wages (168,600 x 6.2%).
Medicare in box 6 is 1.45% of box 5, no max.
Maybe you had some other tax or deductions that increased too. Check with your employer if you don’t understand your paychecks.
March 12, 2025
3:22 PM