Summary of Payroll Tax Limits - Lindquist CPA
Summary of Payroll Tax Limits FEDERAL INSURANCE CONTRIBUTION ACT (FICA): 2021 2020 Social Security Tax Maximum Wage Base $ 142,800 $ 137,700 Maximum Social Security Employee Withholding $ 8,853.60 $ 8,537.40 Social Security Rate—Employer 6.2% 6.2% Social Security Rate—Employee 6.2% 6.2% Medicare Tax ................
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