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Is there a limit to the amount of Social Security Tax that

Resolved Question:

Is there a limit to the amount of Social Security Tax that can be with held if you had income from more than one job?
Submitted: 2 years ago.
Category: Tax
Expert:  Richard replied 2 years ago.

Welcome! My goal is to do my very best to understand your situation and to provide a full and complete answer for you.

Good afternoon. Yes, for 2012, the maximum taxable earnings amount upon which Social Security (OASDI) taxes may be calculated is an aggregate amount equal to $110,100 per taxpayer no matter how many jobs the taxpayer may have.



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Richard, Tax Attorney
Category: Tax
Satisfied Customers: 47117
Experience: 29 years of experience as a tax, real estate, and business attorney.
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