Tallahassee /ËtÃ¦lÉËhÃ¦si/ is the capital of the U.S. state of Florida. It is the county seat and only incorporated municipality in Leon County. Tallahassee became the capital of Florida, then the Florida Territory, in 1824. In 2015, the population was 189,907, making the 7th largest city in the U.S state of Florida, and the 126th-largest city in the United States.
The Federal Insurance Contributions Act (FICA) is made up of two items, Social Security and Medicare taxes. For 2015, the Social Security tax rate is 6.2% on the first $118,500 wages paid. The Medicare tax rate is 1.45% on the first $200,000 and 2.35% above $200,000.
Social Security and Medicare Withholding Rates 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 employee, or 2.9% total.