Social Security Tax Concerns

If you worked two or more jobs last year, you may have had too much Social Security Tax withheld from your pay.

You may not realize it, but there is a limit on how much of your wages are subject to the Social Security Tax.

The maximum amount that should have been withheld by your employer for 2006 was $5,840.40.

If you worked for two or more employers and had too much withheld, be sure to claim the excess as a credit.

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