Use the 2020 FICA Tax Rates to calculate the medicare tax for an employee with a taxable income of $27,000$27,000.

Tax	Employee rate	Employer rate	Self-employed rate
Social Security tax	6.2%6.2% of the first $137,700$137,700 of gross income	6.2%6.2% of the first $137,700$137,700 of gross income	12.4%12.4% of the first $137,700$137,700 of gross income
Medicare tax	1.45%1.45%	1.45%1.45%	2.9%2.9%
Additional Medicare tax	0.9%0.9% (on earnings over $200,000$200,000 for single filers; $250,000$250,000 for joint filers or $125,000$125,000 for married filing separately)	N/A	0.9%0.9% (on earnings over $200,000$200,000 for single filers; $250,000$250,000 for joint filers or $125,000$125,000 for married filing separately)