In 2018, the income cap on Social Security taxes was set at ________ with an exemption of ________.

Name: In 2018, the income cap on Social Security taxes was set at ________ with an exemption of ________.
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Question

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The correct income cap on Social Security taxes set for the year 2018 was $128,400, and there was no exemption. This means that any earnings above $128,400 were not subject to Social Security taxes. Option A, B, and D do not match the correct income cap and exemption amounts.

In 2018, the Income Cap on Social Security Taxes Was