IRS Releases 20 t.org
The FICA tax rate remains 7.65% for 2020 up to the social security wage base (see the Social Security Fact Sheet: 2020 Social Security Changes The maximum social security tax employees and employers will each pay in 2020 is $8,537.40, an increase of $297.60 from $8,239.80 in 2019. ................
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