Social Security Taxable Income Limit 2022 Irs. As your total income goes up, you’ll pay federal income tax on a portion of the benefits while the rest of your. The current tax rate for social security is 6.2% for the employer and 6.2% for the employee, or 12.4% total.
The current rate for medicare is 1.45% for the employer and 1.45% for the. How retirement income is taxed by the irs;