Web Results

Social Security Wage Base - Wikipedia


For the Old Age, Survivors and Disability Insurance (OASDI) tax or Social Security tax in the .... The employer Social Security tax rate and the Social Security Wage Base were not directly impacted ...

FICA & SECA Tax Rates - Social Security


Tax rates are set by law (see sections 1401, 3101, and 3111 of the Internal Revenue ... In certain years, the effective rate paid by employees, employers, and /or ...

Tax Topics - Topic 751 Social Security and Medicare Withholding ...


Oct 10, 2016 ... The current tax rate for social security is 6.2% for the employer and 6.2% for the employee, or 12.4% total. The current rate for Medicare is ...

Taxation of Social Security benefits - Bogleheads


Nov 12, 2016 ... They illustrate how tax brackets and Social Security taxation interact, creating a 27.75% marginal tax rate for most taxpayers in the 15% tax ...

What Is the Social Security Tax Rate?


Nearly everyone who earns an income is subject to taxes based on the current Social Security tax rate. The Social Security tax rates are set by law, and the ...

2016 Social Security Wage Base - FICA Tax Rate | Paycor


Jan 15, 2016 ... The Social Security Administration announced that the 2016 Social Security wage base will be $118500. Learn more about the FICA tax rate.

Payroll Tax Calculator -Social Security and Medicare Contributions ...


The FICA (for Federal Insurance Contributions Act) tax (also known as ... is your contribution to Social Security and Medicare as a percentage of your salary: ...

Is Social Security Income Taxable? - Social Security Taxes - Efile.com


Find out if your Social Security benefits are taxable income. What Social Security taxes do you have to pay? ... The 2015 rates for employee FICA taxes are:.

2016 Payroll Tax Unchanged; Tax Brackets Nudge Up


Oct 15, 2015 ... While in 2016 there will be no increase in the amount of wages subject to Social Security taxes and no statutory income tax rate increase, ...

2017 Payroll Taxes Will Hit Higher Incomes


Oct 19, 2016 ... Social Security and Medicare payroll taxes are collected together as the Federal Insurance Contributions Act (FICA) tax. FICA tax rates are ...

Generally, if Social Security is your only income, your benefits are not taxable. Depending on your filing status and other income, either half or 85 percent of your social security benefits is taxable.
Your benefits are taxable if you're single and one half of your Social Security benefits plus all your other income is greater than $25,000, or if you're married and that amount is greater than $32,000.
More Info

SSA Fact Sheet 2017 Social Security Changes


NOTE: The 7.65% tax rate is the combined rate for Social Security and Medicare. The. Social Security portion (OASDI) is 6.20% on earnings up to the applicable ...

What Is the Social Security Tax Rate? -- The Motley Fool


Jun 24, 2016 ... The Social Security tax rate is 12.4%, but only half is paid by employees, and only income below a certain limit is included.

What is the employer's Social Security tax rate for 2016 ...


The employer's Social Security tax rate for 2016 is 6.2% of each employee's first $118500 of wages, salaries, etc. If an employee's wages, salaries, etc. are ...