Question: In 2 0 2 2 , how much was the wage base limit for social security taxes? Meaning, once an employee reaches this limit ,

In 2022, how much was the wage base limit for social security taxes? Meaning, once an
employee reaches this limit, they are no longer required to pay social security tax.
$147,000
$200,000
No limit
$132,000
 In 2022, how much was the wage base limit for social

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!