Medicare Tax Rate 2024 High Income. The current rate for medicare is 1.45% for the employer and 1.45% for the employee, or 2.9% total. The medicare tax rate for 2024 is 2.9% and is split between employees and their employer, with each paying 1.45%.

People with medicare who earn a high income have to pay an irmaa, an extra charge on medicare parts b and d. Largely by raising taxes on corporations and high earners.