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social security tax documents

Social Security Tax Limits 2022

As of 2021, the maximum earnings subject to social security taxes was $142,800. But the amount has been increased to $147,000 for 2022. The federal government changes this limit (aka taxable maximum) every year according to the average wage index. The OASDI (Social Security’s Old-Age, Survivors, and Disability Insurance) tax rate for the wages paid in […]