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Kiplinger
Kiplinger
Business
Kelley R. Taylor

Medicare Tax: Five Things Every Worker Needs to Know for 2026

The word tax spelled out on wooden cubes.

While many are familiar with Medicare coverage, understanding Medicare tax, which involves everything from mandatory payroll deductions to additional taxes for high earners, is important for all workers, including those who are self-employed.

With that in mind, here are five things you need to know about Medicare tax, including what it is, who pays, and current rates.

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