The Old-Age, Survivors and Disability Insurance (OASDI) taxable wage base is to increase to $127,200 in 2017 from $118,500 in 2016, the Social SecurityAdministration said Oct. 18.

Medicare withholding has no maximum

So the maximum amount for Social Security tax for 2017 is $7,886.40. There is no maximum for Medicare tax.

Actually, what I want to know is what the $ amount maximum that will be withheld annually.  I though it was $7300 annually, but I've surpassed that amount this year and I'm still seeing an amount being withheld in from my paycheck.

The maximum Social Security tax for 2017 is $7,886.40. The amount changes from year to year.

It was $7,347 for 2016.

Thank you!  I couldn't find that information anywhere on the IRS.GOV website, or perhaps I didn't understand how to navigate the site.

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