Social security and Medicare tax for 2016-2026

1. Click ‘Get Form’ to open the Social Security and Medicare tax for 2016 document in the editor.
2. Begin by entering the number of agricultural employees on line 1. This should reflect all employees on your payroll during the relevant pay period.
3. For line 2, input the total cash wages subject to social security tax that you paid to your employees for farmwork during the year. Ensure this amount is before any deductions.
4. On line 4, enter the total cash wages subject to Medicare tax, again before deductions. Remember, there is no limit on wages subject to Medicare tax.
5. Calculate and enter the social security tax on line 3 by multiplying the amount from line 2 by 12.4%. For line 5, calculate Medicare tax by multiplying the amount from line 4 by 2.9%.
6. Complete lines for federal income tax withheld (line 8) and any additional taxes as required. Review all entries for accuracy before finalizing.

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