The current 2020 tax ceilings are as follows:
- Social Security is $137,700.
- FUTA is $7,000.
- Medicare has no ceiling.
Note: Please refer to IRS Publication 15 Circular E for additional information.
Articles in this section
- How do I access and complete IRS form 7200?
- What is the difference between filing as a taxpayer vs reporting agent?
- How do I update or change my 941, 944, or 940 PIN?
- How do I make 941, 944, or 940 payments?
- Can I file my 941, 944, or 940 form with my tax filing PIN?
- Can I file my 941, 944, or 940 forms with my EFTPS PIN?
- The 941, 944, or 940 image says "Copy Of E-File Return. Do Not File." Can I still use this?
- Why does the recipient TIN only show the last four numbers?
- How can I apply for a 941, 944, or 940 PIN?
- What do I need to e-file 941/944/940 forms?