For informational purposes only. Not tax advice. Consult a qualified tax professional.

Medicare Tax Rate 2026

Updated 30 March 2026

Every dollar you earn is subject to Medicare tax. The standard rate is 1.45% for employees (2.9% for self-employed), with an additional 0.9% surtax on high earners. Unlike Social Security, there is no wage base cap.

1.45%

Employee Rate

On all wages, no cap

2.9%

Self-Employed Rate

Both shares combined

+0.9%

Additional Tax

Over $200K (single)

2026 Medicare Tax Rates

All current Medicare tax rates at a glance. These rates have remained unchanged since the Additional Medicare Tax took effect in 2013.

CategoryRateApplies To
Employee share1.45%All wages (no cap)
Employer share1.45%All wages (no cap)
Combined (employee + employer)2.90%All wages (no cap)
Self-employed2.90%All SE income (no cap)
Additional Medicare Tax0.90%Wages over threshold
Net Investment Income Tax3.80%Investment income over threshold

Additional Medicare Tax Thresholds

The 0.9% surtax applies to earned income above these amounts. These thresholds have not changed since 2013 and are not adjusted for inflation.

Filing StatusAdditional Medicare Tax (0.9%)NIIT (3.8%)
Single$200,000$200,000
Married Filing Jointly$250,000$250,000
Married Filing Separately$125,000$125,000
Head of Household$200,000$200,000
Qualifying Surviving Spouse$250,000$250,000

Employers must withhold Additional Medicare Tax on wages exceeding $200,000, regardless of filing status. Adjustments are made when filing your return.

Net Investment Income Tax (3.8%)

What It Is

The Net Investment Income Tax (NIIT) is a 3.8% tax on investment income for high earners. It applies to interest, dividends, capital gains, rental income, royalties, and passive business income. It does not apply to wages, self-employment income, Social Security benefits, or tax-exempt interest.

The 3.8% rate was designed to mirror the combined employee/employer Medicare rate (2.9%) plus the Additional Medicare Tax (0.9%), effectively ensuring that investment income is taxed at a similar level as earned income for Medicare purposes.

How It Is Calculated

The NIIT equals 3.8% of the lesser of: (1) your net investment income, or (2) the amount by which your modified adjusted gross income (MAGI) exceeds the threshold for your filing status ($200,000 single, $250,000 married filing jointly).

For example, a single filer with $240,000 in wages and $30,000 in dividends has a MAGI of $270,000. The MAGI exceeds the $200,000 threshold by $70,000. The NIIT applies to the lesser of $30,000 (investment income) or $70,000 (excess MAGI), which is $30,000. The NIIT owed is $30,000 x 3.8% = $1,140.

Report the NIIT on Form 8960 and pay it with your annual tax return. It is not withheld from paychecks.

Medicare Tax Calculator

Enter your gross income to calculate your total Medicare tax including the Additional Medicare Tax.

$

$2,175.00

Total Medicare Tax

1.45%

Effective Rate

$83.65

Per Paycheck (biweekly)

Tax Breakdown

Employee Medicare Tax (1.45%)

On all $150,000 of income

$2,175.00

Employer Medicare Tax (1.45%)

Paid by your employer, not deducted from your pay

$2,175.00

Additional Medicare Tax (0.9%)

On income over $200,000 (Single)

$0.00

Total Medicare Tax You Pay

$2,175.00

Based on 2026 IRS Medicare tax rates. The Additional Medicare Tax threshold is not indexed for inflation. Self-employed individuals pay both employee and employer shares. Consult a tax professional for personalized advice.

How Medicare Tax Appears on Your Paycheck

Example pay stub for a $120,000 salary paid biweekly (26 pay periods per year).

Line ItemAmount
Gross Pay$4,615.38
Federal Income Tax-$665.00
Social Security Tax (6.2%)-$286.15
Medicare Tax (1.45%)-$66.92
Additional Medicare Tax (0.9%)$0.00
Net Pay$3,597.31

When Does the Additional 0.9% Start?

Your employer begins withholding the extra 0.9% on the paycheck where your year-to-date wages cross $200,000. For a $250,000 salary, this happens around pay period 21 (late October). After that point, Medicare withholding jumps from 1.45% to 2.35% per paycheck for the rest of the year.

Frequently Asked Questions

What is the Medicare tax rate for 2026?
The standard Medicare tax rate for 2026 is 1.45% for employees and 1.45% for employers, totaling 2.9%. Self-employed individuals pay the full 2.9%. High earners pay an additional 0.9% on wages exceeding $200,000 (single), $250,000 (married filing jointly), or $125,000 (married filing separately). Unlike Social Security tax, Medicare tax has no wage base cap and applies to all earned income.
What is the Additional Medicare Tax?
The Additional Medicare Tax is a 0.9% surtax that applies to earned income above certain thresholds. For single filers, it kicks in at $200,000. For married couples filing jointly, the threshold is $250,000. For married filing separately, it is $125,000. This tax was introduced by the Affordable Care Act in 2013 and is paid only by employees, not matched by employers. These thresholds are not indexed for inflation, so more taxpayers become subject to it each year.
Is there a wage base limit for Medicare tax?
No. Unlike Social Security tax, which stops at a wage base limit ($176,100 in 2026), Medicare tax applies to all earned income with no cap. Every dollar of wages, salary, and self-employment income is subject to the 1.45% Medicare tax (or 2.9% for self-employed). High earners pay an additional 0.9% on income above the threshold for their filing status.
How much Medicare tax do self-employed people pay?
Self-employed individuals pay the full 2.9% Medicare tax rate (both the employee and employer portions) through self-employment tax reported on Schedule SE. However, you can deduct the employer-equivalent portion (1.45%) as an adjustment to income on your Form 1040. Self-employed individuals are also subject to the 0.9% Additional Medicare Tax if their self-employment income exceeds the filing status threshold.
What is the Net Investment Income Tax (NIIT)?
The Net Investment Income Tax is a 3.8% tax on investment income (dividends, capital gains, rental income, interest) for taxpayers whose modified adjusted gross income exceeds $200,000 (single) or $250,000 (married filing jointly). The 3.8% rate mirrors the combined 2.9% Medicare tax plus 0.9% Additional Medicare Tax, effectively extending Medicare-level taxation to investment income. It was enacted alongside the Additional Medicare Tax as part of the Affordable Care Act.
How does Medicare tax appear on my paycheck?
Medicare tax appears as a separate line item on your pay stub, usually labeled 'Medicare' or 'Fed MED/EE.' Your employer withholds 1.45% of your gross pay each pay period. If you earn over $200,000 in a calendar year (regardless of filing status), your employer must begin withholding the additional 0.9% once your year-to-date wages cross that threshold. The employer match of 1.45% does not appear on your stub because it is paid separately by your employer.
Can I get a refund on Additional Medicare Tax?
Yes, in some cases. Your employer begins withholding the additional 0.9% when your wages exceed $200,000, regardless of your filing status. If you are married filing jointly and your combined income does not exceed $250,000, you may have had excess Additional Medicare Tax withheld. You can claim the credit on Form 8959 when filing your tax return. Conversely, if you owe more (for example, married filing separately with income over $125,000), you will need to pay the difference.
Does Medicare tax fund both Medicare Part A and Part B?
Medicare tax (the 1.45%/2.9% payroll tax) primarily funds Medicare Part A, which covers hospital insurance. Medicare Part B (doctor visits, outpatient care) and Part D (prescription drugs) are funded mainly through beneficiary premiums and general federal revenue, not payroll taxes. The Additional Medicare Tax (0.9%) and Net Investment Income Tax (3.8%) help fund the Affordable Care Act provisions but are directed to general revenue, not the Medicare Trust Fund.