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Dopkins CPA

Oct 26

2012

2013 SOCIAL SECURITY WAGE BASE AND COLA INCREASES

Posted by: DopkinsCPA on Oct 26, 2012

Tagged in: Tax Alert

The Social Security Administration has announced that the wage base for computing Social Security tax will be $113,700 for 2013 (an increase from $110,100 in 2012). Additionally, cost-of-living adjustment (COLA) socialsecurity increases have been released for Social Security benefits.