Social Security taxes: worked out examples

• Worker with income of $30,000 in a year:
  Tax = .153 * $30,000 = $4,590
• Worker with income of $65,400 in a year:
  Tax = .153 * $65,400 = $10,006.20
• Worker with income of $100,000 in a year:
  Tax = .153 * $65,400 + .029 * ($100,000 - $65,400) = $11,009.60.

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This page maintained by Steven Blatt. Suggestions, comments, questions, and corrections are welcome.