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Social Security Wage Base

By January 19, 2012February 3rd, 20142012, Tax Tips

The Social Security wage base is $110,100 in 2012, a $3,300 increase over 2011 and the first jump since 2009. The employee social security tax rate of 4.2% has been extended by Congress for 2 months. It is expected that this will be extended for the full year of 2012.

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Accounting & Tax Solutions

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