The Social Security tax cap for 2001 was $80,400.
No, the state of Mississippi does not tax Social Security benefits at the state level. Therefore, Social Security income is not subject to Mississippi state income tax.
No. Massachusetts is not one of the fourteen states that tax Social Security benefits.
yes
no im pretty sure you have to be 18 to pay social security tax
Social Security is a federal program. It is a federal "tax" not a state tax.
For 2008, the maximum social security tax withholding for an individual is $6,324, the tax on $102,000. For 2009, the maximum social security tax withholding for an individual is $6,622, the tax on $106,800.
Social security tax
The Social Security tax cap for 2006 was 6.2% of the first $94,200 of wages.
No. Massachusetts is not one of the fourteen states that tax Social Security benefits.
Income tax is a tax paid on earnings from employment, investments, or other sources of income, and is used to fund government operations. Social Security tax is specifically used to fund the Social Security program, which provides benefits to retirees, disabled individuals, and survivors of deceased workers. While income tax is based on overall income, Social Security tax is specifically withheld from wages to fund the Social Security program.
No, Oregon is not one of the fourteen states that tax Social Security income.