3 ms·
The cap is based on the maximum income that is subject to the payroll tax (up to $106,800). Income over that amount does not incur payroll tax and also doesn't
by Mvandenbergh 15y ago
The cap is based on the maximum income that is subject to the payroll tax (up to $106,800). Income over that amount does not incur payroll tax and also doesn't contribute to payable social security benefits.