District of Columbia (DC) – 2022
District of Columbia
Federal (FED) – 2022
Minimum Wage | Federal |
---|---|
Minimum Wage | $7.25 |
FICA (MEDICARE) | Federal |
Medicare Rate | 1.45% |
Additional Medicare Tax Withholding on Wages > $200,000 (No Employer Match) | 2.35% |
Maximum Taxable Earnings | No Limit |
FICA (SOCIAL SECURITY) | Federal |
Maximum Taxable Earnings (Increased from $142,800 in 2021) | $147,000 |
Employee / Employer Tax Rate (Unchanged from 2019) | 6.20% |
Health Savings Accounts | Federal |
Catch-up Contribution Limit (Employee / Employer) (Unchanged from 2021) | $1,000 |
Pension Plans | Federal |
Catch-up Contribution Limit – 401(k) & 403(b) plans (age 50 or older) (Increase from 6,000 in 2019) | $6,500 |
Contribution Limit – 401(k) & 403(b) plans (Increased from $19,500 in 2021) | $20,500 |
District of Columbia State Resources
Need a Tax Form?
You can download some of the most common tax related forms here.