Employee's Rates 7.65% on first $118,500 of income .1.45% on income above $118,500 2016 FICA Tax Rates Matching Rates Paid by the Employer 7.65% on first $118,500 paid in wages 1.45% on wages above $118,500 Self-Employed Rates 13.3% on first $118,500 of net earnings 2.9% on earnings above $118,500 1 FICA taxes include Social Security and Medicare. The Social Security tax applies to the first $118,500 of income, while the Medicare tax applies to all income. Suppose Guadalupe has $165,800 of income from work and is not self-employed. How much will Guadalupe have to pay in FICA taxes? S