Medicare Tax Rate 2024 High Income Level

Medicare Tax Rate 2024 High Income Level. For 2024, the medicare surtax thresholds are set to impact single filers with an adjusted gross income (agi) above $200,000 and married couples filing jointly with an agi. For example, when you apply for medicare coverage for 2024, the irs will provide medicare with your income from your 2022 tax return.

The additional medicare tax applies to people who make more than a specified income level for the year. Only the 10% bracket — the lowest bracket — and the 35% bracket stayed the same.