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Get your taxes done using TurboTax
For the tax year 2020, the maximum amount of wages subject to Social Security tax is $137,700.00. The tax is 6.2% of those wages which is $8,537.40 ($137,700 X .062 = $8,537.40). I didn't get this message so I don't know exactly what TurboTax is referring to.
‎February 21, 2021
1:28 PM
2,597 Views