2026 TAX RATES

TAX RATES

NJIT Human Resources
FEDERAL WITHHOLDING TAX 
Refer to IRS.gov for percentage tax tables. 
  
SOCIAL SECURITY TAX 
FICA percentage for employees: 6.20%
Maximum wages subject to FICA:$184,500.00
Maximum annual FICA Contribution: $11,439.00
  
FICA percentage for employers: 6.20%
Maximum wages subject to FICA: $184,500.00
Maximum annual FICA Contribution: $11,439.00
  
MEDICARE TAX 
Medicare percentage for employees: 1.45%
Medicare percentage for employers: 1.45%
There is no cap on the amount of wages subject to the Medicare Tax. 
Additional Medicare Tax by Employee on wages over $200,000.00:0.9%
(No employer match for Additional Medicare Tax) 
  
NJ DISABILITY, UNEMPLOYMENT, FAMILY LEAVE INSURANCE TAX 
NJ Disability Tax for employees: 0.19%
Maximum Wages Subject to State Disability: $171,100
Maximum Annual State Disability Contribution:$325.09

 

 

 

 

NJ Unemployment Tax for Employees: 0.425%
(0.1825% + 0.2000% NJ Healthcare + 0.0425% NJ Workforce Dev) 
Maximum Wages Subject to State Unemployment: $44,800
Maximum Annual State Unemployment Contribution: $190.40

 

 

 

 

NJ Family Leave Insurance Tax for employees: 0.23%
Maximum Wages Subject to State FLI: $171,100
Maximum Annual State Contribution: $393.53