Wage base for self-employment tax in 2011 unchanged
The Social Security portion of FICA and self-employment tax is imposed on a wage base; earnings above this limit are not subject to these taxes.
The base for 2011 is $106,800, the same as it was in 2009 and 2010.
There is no limit for purposes of the Medicare tax within FICA and self-employment tax for 2011.
Posted via email from LMALLC By SocialNetGate
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