2026 Social Security and Medicare Tax (FICA)

The 2026 Social Security wage base is $184,500: employees pay 6.2% Social Security tax on wages up to that amount, a maximum of $11,439 for the year. Medicare tax is 1.45% of all wages, plus an extra 0.9% on wages over $200,000 ($250,000 for married couples filing jointly). Employers pay a matching 7.65%, and self-employed people pay both halves: 15.3%.

Key facts

  • Together, Social Security and Medicare taxes are called FICA and are withheld from every paycheck: 7.65% of wages up to $184,500.
  • Once your wages for the year pass $184,500, Social Security withholding stops; Medicare continues on every dollar.
  • Pre-tax 401(k) contributions still count as wages for FICA; health insurance premiums and HSA contributions through a cafeteria plan do not.
  • Social Security benefits rise 2.8% in 2026 under the cost-of-living adjustment; the average retired worker receives about $2,071 a month.

2026 FICA tax rates

2026 Social Security and Medicare tax rates
TaxEmployeeEmployerSelf-employedApplies to
Social Security (OASDI)6.2%6.2%12.4%First $184,500 of wages
Medicare (HI)1.45%1.45%2.9%All wages
Additional Medicare Tax0.9%—0.9%Wages over $200,000*
Total (up to the wage base)7.65%7.65%15.3%

* Employers must start withholding the Additional Medicare Tax once your wages pass $200,000, whatever your filing status; the tax you actually owe depends on the thresholds below.

Social Security and Medicare tax on common salaries

Employee FICA taxes in 2026 (single filer)
SalarySocial SecurityMedicareTotal FICAShare of pay
$40,000$2,480$580$3,0607.65%
$60,000$3,720$870$4,5907.65%
$100,000$6,200$1,450$7,6507.65%
$150,000$9,300$2,175$11,4757.65%
$184,500$11,439$2,675$14,1147.65%
$250,000$11,439$4,075$15,5146.21%
$400,000$11,439$7,600$19,0394.76%

Above the wage base, FICA as a share of pay falls because Social Security tax stops at $11,439. See your full take-home pay with the paycheck calculator.

Additional Medicare Tax thresholds

Filing statusThreshold (not indexed)
Single$200,000
Married filing jointly$250,000
Married filing separately$125,000
Head of household$200,000

Self-employment tax in 2026

If you work for yourself you pay both the employee and employer shares. Example: $80,000 of net profit × 92.35% = $73,880 of net earnings; × 15.3% = $11,304 of self-employment tax. Half of it ($5,652) is deductible from your income.

Frequently asked questions

What is the maximum Social Security tax for 2026?

$11,439 for an employee: 6.2% of the $184,500 wage base. The employer pays the same amount. A self-employed person pays up to $22,878 (12.4%).

What if I have two jobs and earn more than the wage base?

Each employer withholds Social Security tax on the wages it pays you, up to $184,500, so you may pay more than $11,439 in total. You get the excess back as a credit on your 2026 tax return (Schedule 3).

Who pays the Additional Medicare Tax?

Anyone whose wages and self-employment income exceed $200,000 (single, head of household), $250,000 (married filing jointly) or $125,000 (married filing separately) pays an extra 0.9% on the amount above the threshold. There is no employer match.

How is self-employment tax calculated in 2026?

Self-employment tax is 15.3% of 92.35% of your net profit: 12.4% for Social Security on up to $184,500 (reduced by any W-2 wages) plus 2.9% for Medicare with no cap. On $80,000 of profit that is about $11,304. You can deduct half of it when figuring your income tax. It applies once net earnings reach $400.

Calculators that use these figures

Sources

  1. IRS Topic No. 751, Social Security and Medicare withholding rates — Internal Revenue Service
  2. IRS Topic No. 560, Additional Medicare Tax — Internal Revenue Service
  3. IRS Publication 15 (2026), (Circular E), Employer's Tax Guide — Internal Revenue Service
  4. IRS: Self-employment tax (Social Security and Medicare taxes) — Internal Revenue Service
  5. SSA 2026 Cost-of-Living Adjustment (COLA) Fact Sheet — Social Security Administration
  6. Federal Register - SSA, Cost-of-Living Increase and Other Determinations for 2026 (Nov 3, 2025)

Figures apply to tax year 2026 (returns filed in 2027) and come from the official sources listed above. This page is for general information and is not tax, legal or investment advice.