Skip to content
Social Security Online
Social Security Statement
Social Security
Statement Home
SSA logo: link to Social Security Online home

Is there a maximum taxable amount for Medicare, too?

 

When Medicare started in 1966, the maximum amount of taxable earnings each year was the same for both programs.

Starting in 1991, the Medicare taxable earnings amounts became higher than the Social Security amounts. In 1991, the Medicare maximum was $125,000, in 1992, $130,200 and in 1993, $135,000.

Since 1994, there has been no limit on the taxable earnings for Medicare. You now pay Medicare taxes on all your wages and net income from self-employment.

 
 Link to FirstGov.gov: U.S. Government portal Privacy Policy | Website Policies & Other Important Information | Site Map
Last reviewed or modified Monday Jan 14, 2008
Need Larger Text?