What are the maximum Social Security wages subject to FICA tax for 2019 and 2020?
For 2019 and 2020, the maximum wages and self-employment income subject to social security tax are $132,900 and $137,700, respectively.
Additional Medicare Tax. Beginning in 2013, a 0.9% Additional Medicare Tax applies to Medicare wages, railroad retirement (RRTA) compensation, and self-employment income that are more than:
