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Division of Payroll Services
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Important Payroll Notes
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Effective January
1, 2008, the following tax rates and wage bases will apply:
| FICA |
Rate: |
6.20% |
Wage Base: |
$102,000 |
| MEDICARE |
Rate: |
1.45% |
Wage Base: |
No Limit |
| WD/HC |
Rate: |
0.425% |
Wage Base: |
$27,700 |
| TDI |
Rate: |
0.500% |
Wage Base: |
$27,700 |
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| FICA |
Max. Deduction: |
$6,324.00 |
| MEDICARE |
Max. Deduction: |
No Limit |
| WD/HC |
Max. Deduction: |
$117.73 |
| TDI |
Max. Deduction: |
$138.50 |
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