Payments made by an employer to you as an employee in a calendar year that are more than the annual wage limitation are not wages. The annual wage limitation is:
Calendar year
| Wage limitation
|
---|
1951-54 | $3,600
|
1955-58 | 4,200
|
1959-65 | 4,800
|
1966-67 | 6,600
|
1968-71 | 7,800
|
1972 | 9,000
|
1973 | 10,800
|
1974 | 13,200
|
1975 | 14,100
|
1976 | 15,300
|
1977 | 16,500
|
1978 | 17,700
|
1979 | 22,900
|
1980 | 25,900
|
1981 | 29,700
|
1982 | 32,400
|
1983 | 35,700
|
1984 | 37,800
|
1985 | 39,600
|
1986 | 42,000
|
1987 | 43,800
|
1988 | 45,000
|
1989 | 48,000
|
1990 | 51,300
|
1991 | 53,400
|
1992 | 55,500 |
[52 FR 8249, Mar. 17, 1987, as amended at 57 FR 44098, Sept. 24, 1992]