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Do Social Security and Medicare Taxes Apply To Household Employees?

Source: https://finance.yahoo.com/news/social-security-medicare-taxes-apply-143047795.html - Feb 4, 2022

Georgina Tzanetos
Fri, February 4, 2022, 8:30 AM·2 min read

Social Security and Medicare taxes together are commonly referred to as the “FICA” tax. This is a 7.65% tax both employees and employers pay into the FICA system. Your FICA tax gets automatically taken out of each paycheck, normally by your employer, and is reflected as such on your paystubs.

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Category: General Business