Ad Slot — 728×90
Taxes 🏛 IRS

Federal Payroll Tax — FICA

Employers must withhold and remit FICA taxes: 6.2% Social Security and 1.45% Medicare from employee wages, matched by an equal employer contribution. Use Form 941 quarterly. Payments due via EFTPS. Failure to deposit triggers escalating penalties.

Source Agency
IRS
Last Verified
March 1, 2026
Next Review
May 30, 2026
View Official Source ↗
← Back to Federal Law More Taxes →