Category Archives: Self Employment Tax

FICA Limit Up 2.8%; Social Security COL Up

Posted on October 18, 2012 by Russ

The Social Security Administration announced that the maximum earnings subject to the full 6.2% FICA tax will be $113,700 in 2013, up 2.8% from the $110,100 in 2012. Note that the FICA tax itself had been reduced temporarily to 4.2% … Continue reading →

Posted in Self Employment Tax | 2 Comments