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Picture of How to apply the new Social Security Tax rules?

How to apply the new Social Security Tax rules?

CL-US-FA-011616200805
For 2011 the payroll year the US government has changed the Social Security tax rules. The maximum has not changed however the employee portion is now 4.20% instead of 6.20%. The employer portion remains at 6.20% as it was in 2010.
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