Are there limits on Medicare tax? No, there are no limits on Medicare tax. Read more: Medicare Tax Related articles: What is “Fed MED/EE” listed on my paycheck?What is “OASDI/EE” listed on my paycheck?Why do I have to pay Medicare every 3 months if they have been taking insurance from my paystub? Updated on February 7, 2022 Tagged: LimitMedicare Tax Was this article helpful? Yes No Need Support?Can't find the answer you're looking for?Contact Support