PTIN Seal

Social Security Changes - 2017

  1. PTINdirectory
  2. Tax Knowledge Database
  3. Social Security Changes - 2017
  4. Maximum wages subject to Social Security tax

Maximum wages subject to Social Security tax

The maximum amount of wages in 2017 subject to the 6.2% Social Security tax will rise from $118,500 to $127,200, an increase of more than 7%. There is no limit on the amount of wages subject to the medicare tax at a rate of 1.45%

Need Professional Help?

If you need help with "Social Security Changes - 2017" or have other tax questions, we can help you find a local licensed tax preparer for a free, no-obligation consultation.