What are the maximum Social Security wages subject to FICA tax for 2009 and 2008?

2009 Rate

Maximum Wage Base

Maximum Tax

Social Security 6.20%

$106,800.00

$6,621.60

Medicare 1.45%

Unlimited

Unlimited

2008 Rate

Maximum Wage Base

Maximum Tax

Social Security 6.20%

$102,000.00

$6,324.00

Medicare 1.45%

Unlimited

Unlimited



 

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