FICA — Social Security & Medicare

Free

Employee and employer shares calculated automatically, including Additional Medicare withholding once an employee crosses the year-to-date threshold.

Where to find itPayroll → a run → Posting report

How it works

  1. 1

    Both shares on every run

    The posting report's tax detail breaks out Social Security and Medicare for the employee (including Additional Medicare) and the employer.

    FICA — Social Security & Medicare: Both shares on every run
  2. 2

    Rates and wage base you can check

    The Social Security wage base and rates are on the Tax rates page, with a link to the official source.

    FICA — Social Security & Medicare: Rates and wage base you can check
  3. 3

    Rolled into the federal deposit

    Each run's federal deposit shows the Social Security, Medicare and income tax amounts that make up the Form 941 figure.

    FICA — Social Security & Medicare: Rolled into the federal deposit

Screenshots show a demo company with sample data.

Run payroll yourself, for less

Free for up to ten employees; Pro is $20/month with no per-employee fees.

v3.1.0