$128,400 Social Security taxes are assessed on all wages earned,up to a capped maximum. In 2018,the cap is$128,400. Employees are taxed at 6.2% of wages earned,so if someone earned the maximum
Tag: Are SS benefits taxable
when are social security benefits taxable 2019when are social security benefits taxable 2019
Up to 85% of a taxpayer's benefits may be taxable if they are: Filing single, head of household or qualifying widow or widower with more than$34,000income. Married filing jointly with