This is ony possible when one has worked for two employers in the same year. The cap on Social Securtiy taxes is on the 1st $118,500 for 2016. If your worked for two employers in the same tax year and earned $80,000 from each, they woudl withhold on the entire $160,000 and you would then be entitled to a tax credit for the "excess" SS taxes paid on that portion in excess of $118,500
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