Write-In Candidates running for President in 2016. List Of candidates running for the office of the President Of The United States who have filed Form 2 with the Federal Election Commission. Each individual who is a candidate for federal office must file an FEC Form 2 within 15 days of becoming a candidate.
How the Social Security payroll tax works now. The Social Security payroll tax rate is currently 6.2%, although it's not quite that simple. First of all, not all wages are subject to Social Security tax. As of 2016, only the first $118,500 is used to calculate Social Security tax -- anything above that amount is ignored. In other words, a worker who earns $118,500 per year pays the same Social Security tax as a worker who earns $1,000,000.
The calculation for determining the portion of your Social Security benefits subject to tax is a bit complicated. The first step is to add up all of your wages, investment income, taxable pensions, and alternative sources of income other than Social Security. Then, add one-half of your total Social Security benefits for the year to that total. If Your Filing Status Is... Then You Could Pay Tax on Up to 50% of Your Social Security if You're Above This Threshold... And You Could Pay Tax on Up to 85% of Your Social Security if You're Above This Threshold...