â¢ MINOR PREMISE (noun) The noun MINOR PREMISE has 1 sense: 1. the premise of a syllogism that contains the minor term (which is the subject of the conclusion) Familiarity information: MINOR PREMISE used as a noun is very rare.
The additional tax rate is 0.9% on employee income (employers do not have to contribute to this additional tax). The additional Medicare tax is effective for income over a specific level, depending on the individual's federal income tax filing status.
You will also need to consider the additional Medicare tax deduction on higher-income employees, which begins when the employee reaches a specific pay amount for the year. The additional tax is 0.9% of the gross pay, and it starts at different levels, based on the employee's W-4 status.