Is an employer liable for Additional Medicare Tax even if it does not withhold it from an employee’s wages?
Answer:
An employer that does not deduct and withhold Additional Medicare Tax as required is liable for the tax unless the tax that it failed to withhold from the employee’s wages is paid by the employee.
Even if not liable for the tax, an employer that does not meet its withholding, deposit, reporting, and payment responsibilities for Additional Medicare Tax may be subject to all applicable penalties.
Even if not liable for the tax, an employer that does not meet its withholding, deposit, reporting, and payment responsibilities for Additional Medicare Tax may be subject to all applicable penalties.
Interested in more Medicare Tax Additional Questions?
- When does Additional Medicare Tax start?
- What individuals are subject to the Net Investment Income Tax?
- What wages are subject to Additional Medicare Tax?
- What Railroad Retirement Tax Act (RRTA) compensation is subject to Additional Medicare Tax?
- Will Additional Medicare Tax be withheld from an individual's wages?
