WEBThe social security wage base limit is $168,600.The Medicare tax rate is 1.45% each for the employee and employer, unchanged from 2023. There is no …
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Topic no. 756, Employment taxes for household employees
WEBSep 22, 2023 · Regardless of how you pay, household employees must complete tax forms like W-4 and I-9. As the employer, you need an EIN and may have to pay …
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What To Know About Household Employee Taxes - The Balance
WEBOct 17, 2022 · Handling Household Employment Taxes. Set Up Payroll and Taxes. Benefits for the Employee. Photo: asiseeit / Getty Images. You may need …