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annual earnings

What Was The Social Security Tax In 2016?

January 24, 2024 by Ahmed Ali

What Was The Social Security Tax In 2016? The Social Security portion (OASDI) is 6.20% on earnings up to the applicable taxable maximum amount (see below). The Medicare portion (HI) is 1.45% on all earnings. How much did Social Security increase in 2016? Year COLA 20160.3 2017 2.0 2018 2.8 2019 1.6 What is the

Categories Finance and Business Tags annual earnings, maximum, tax, taxation, taxes

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