Monday, December 26, 2011

What is the maximum amount of earnings subject to the Social Security tax in 2012?

The maximum amount of an employees 2012 earnings that is
subject to the Social Security tax is $110,100. That amount is an
increase from the 2011 taxable maximum of $106,800. The combination
of the Social Security tax and the Medicare tax is often referred
to as the FICA tax. However, there is no taxable maximum

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