2016 Payroll Tax Rates and Limits

Social Security - EE
Taxable Limit -

$118,500.00
Tax Rate - 6.2%

Tax Limit - $7,347.00

California SDI - EE
Taxable Limit -

$106,742.00
Tax Rate - 0.9%

Tax Limit - $960.67

Social Security - ER
Taxable Limit –

$118,500.00
Tax Rate -6.2%

Tax Limit - $7,347.00

California SUI – ER
Taxable Limit -

$7,000.00

Tax Rate - Varies by Employer

Medicare - EE
Taxable Limit - Unlimited

Tax Rate up to $200,000 = 1.45%
Tax Rate over $200,000 = 2.35%

401(k) Pretax Contributions

Under Age 50 $18,000
Age 50 and over $24,000

Medicare - ER
Taxable Limit - Unlimited

Tax Rate up to $200,000 = 1.45%
Tax Rate over $200,000 = 1.45%

Business Mileage Rate

54.0 cents/mile

FUTA - ER
Taxable Limit

$7,000.00
Tax Rate - 0.6% **

Tax Limit - $42.00

**rate may be subject to
additional 1.5% at year-end

ER = EMPLOYER
EE = EMPLOYEE