Tax Forms

Social Security Taxes: What is the maximum taxable amount for SS taxes?

Social Security Taxes: What is the maximum taxable amount for SS taxes?

The Social Security Administration (SSA) estimates that around 66 million people earned monthly Social Security benefits worth $1,681 on average last year. For 2023, the cost of living adjustment (COLA) is set at 8.7 percent. This implies that recipients of Social Security will receive higher monthly benefits. Due to the COLA, benefit recipients will begin

Social Security Taxes: What is the maximum taxable amount for SS taxes? Read More »

Scroll to Top