Micronesia Sources and Verification
Source-backed employee estimate for 2026-01-01 to 2026-12-31.
Professional verification
The Micronesia calculator has not yet been reviewed by an independent tax professional. Until it is, results rely on the official sources, worked examples and automated checks below. How our verification works.
Worked examples, recalculated live
Each example was worked by hand from the official rules before publication. The live calculator must reproduce it exactly, to the cent, or the rule set cannot be published.
| Example | Expected take-home | Live result | Status |
|---|---|---|---|
| USD 24,000 a yearEmployee profile: Employee covered by FSM Social Security | USD 20,240.00 | USD 20,240.00 | Matches |
Official sources and monitoring
2 official sources. 2 were checked automatically in the last three weeks, most recently on 2026-10-23. A content change opens a review before any rule is updated.
| Source | Researched | Automated check |
|---|---|---|
| Title 54 - taxation of wages and salariesFederated States of Micronesia Department of Finance and Administration | 2026-10-19 | Checked automaticallyLast checked 2026-10-23 |
| FY2023 audited financial statements - contribution rate and 2023 to 2027 wage ceilingFederated States of Micronesia Social Security Administration | 2026-10-19 | Checked automaticallyLast checked 2026-10-23 |
No detected source change is waiting for review.
Rule version
Version FM-2026-v1, approved on 2026-10-19, last validated on 2026-10-19. Rules are effective from 2026-01-01 to 2026-12-31. Published rule versions cannot be edited; corrections are released as a new version.
Calculation assumptions
- The federal wage tax is 6% of the first USD 11,000 and 10% above it.
- Employees earning USD 5,000 or less receive the USD 1,000 wage deduction.
- Covered employees and employers each pay 7.5% on up to USD 9,000 of wages in each calendar quarter.
Coverage & limitations
Rule version FM-2026-v1 · Tax year 2026. See sources, monitoring and verification status.
- State taxes and any employment outside the federal wage-tax definition are excluded.
- Annual estimate for an ordinary employee with one employer and regular salary. Benefits in kind, arrears, termination payments and treaty relief are excluded unless stated.
- Independent professional verification pending.