The National Directory of Certified Public Accountants

Ask A CPA - Social Security Changes - 2017

Maximum Wages Subject To Social Security Tax

The maximum amount of wages in 2017 subject to the 6.2% Social Security tax will rise from $118,500 to $127,200, an increase of more than 7%. There is no limit on the amount of wages subject to the medicare tax at a rate of 1.45%

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