In 2011 and 2012, a tax of 10.4 percent is levied on individuals with net earnings from self-employment (up to 110,100 in 2012 and 106,800 in 2011) to provide social Security benefits (the old age, survivors, and disability insurance portion) for such individuals. For 2010, the rate is 12.4 percent. In addition, in 2012 a tax of 2.9 percent is levied on individuals with net earnings from self-employment (with no statutory celling) to provide Medicare benefits (the hospital insurance portion) for such individuals. If a self-employed individual also receives wages form an employer that are subject to FICA, the self-employment tax will be reduced if total income subject to Social Security is more than 110,100 in 2012. A partial deduction is allowed in calculating the self-employment tax. Individuals with net earnings of 400 or more from self-employment are subject to this tax.