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Social Security Wage Base


A person with $110,000 of gross income in 2010 incurred Social Security tax of ... Year, Wage Base, Increase, Maximum Social Security Employee Share ...

Benefits Planner: Maximum Taxable Earnings ... - Social Security


For 2015, the maximum amount of taxable earnings is $118,500. ... Social Security taxes would be withheld from the $119,000 you earned in 2014, but the  ...

Contribution and Benefit Base - Social Security


This limit changes each year with changes in the national average wage index. We call this annual limit the contribution and benefit base. For earnings in 2015, ...

OASDI and SSI Program Rates & Limits, 2015 - Social Security


Social Security ( OASDI ) Program Rates & Limits, 2015. Tax Rates (percent). Social Security (Old-Age, Survivors, and Disability Insurance). Employers and ...

Social Security Press Office: 2015 Social Security Changes


NOTE: The 7.65% tax rate is the combined rate for Social Security and Medicare. ... One dollar in benefits will be withheld for every $3 in earnings above the limit ...

Update 2015 - Social Security


$41,880. For every $3 over the limit, $1 is withheld from benefits until the month you reach full retirement age. Disability beneficiaries' earnings limits: If you work  ...

FICA – Wage Limits and Tax Rates


Oct 31, 2014 ... To determine the gross pay subject to social security tax withholding, up to the wage base limit, you must first add any taxable fringe benefit ...

What is the Annual Maximum Social Security Tax?


The Social Security tax rate is 12.4 percent; 6.2 percent is withheld from each of the employer and employee. The full 12.4 percent is paid by self-employed ...

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


Aug 27, 2015 ... The current tax rate for Social Security is 6.2% for the employer and 6.2% for the ... Only the Social Security tax has a wage base limit.

Income Subject to FICA Payroll Tax Increases in 2015


Oct 23, 2014 ... High-earning employees will find more of their compensation subject to Social Security payroll (FICA) taxes in 2015, when maximum taxable ...

Popular Q&A
Q: What Is the Salary Limit for Social Security Withholding?
A: When the Social Security Administration began collecting taxes in 1937, only the first $3,000 of an individual's earnings were subject to the tax. This amount i... Read More »
Source: www.ehow.com
Q: Why do we have a limit on Social Security withholdings?
A: The limit on the taxation (yes, there IS a tax, Virginia) is in place because there is a limit on the payouts. Rich people would be saying that it'd be unfair f... Read More »
Source: answers.yahoo.com
Q: How to Adjust Social Security Withholding.
A: 1. Download Form W-4V from the IRS. This voluntary withholding request enables the SSA to withhold taxes from your monthly benefit. 2. Fill in your name, Social... Read More »
Source: www.ehow.com
Q: What is the withholding rate on Social Security tax?
A: Social Security tax is a flat 6.2% on the first $106,800 of wages; Medicare is taxed at 1.45% of all wages. 6.2% Read More »
Source: wiki.answers.com
Q: What is the 2008 maximun social security withholding amount?
A: It's not really a withholding.but more an insurance premium of 12.4% of applicable wages.if your an employee half of that is paid by the employer, if your self ... Read More »
Source: wiki.answers.com