If in 2016, a woman made $100,000 on the job, $20,000 from a consulting business she operated, and $10,000 in dividends on stock she owned, she would owe old-age Social Security taxes on

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In 2016, the maximum amount of earnings subject to Social Security taxes was $118,500. The woman's job income ($100,000) and consulting business income ($20,000) are both subject to Social Security taxes, totaling $120,000. However, dividends are not subject to these taxes, so the amount subject to Social Security taxes would be capped at $118,500, the maximum for that year.

If in 2016, a Woman Made $100,000 on the Job