Payroll Tax Total Cost Calculator
Calculate the total payroll tax burden for both employee and employer combined.
Results
Visualization
How It Works
Payroll taxes are split between employee and employer. Both pay 6.2% Social Security and 1.45% Medicare. Employers also pay FUTA (6.0% on the first $7,000, reduced to 0.6% after the 5.4% state credit) and SUTA (state unemployment) which varies by state and employer experience rating. The true cost of a $65,000 employee includes roughly $5,000-$7,000 in employer-side payroll taxes.