The cap on Social Security taxes applies to the taxpayer even if the taxpayer had more than one employer. Employers withhold on the salary they individually pay, so in the aggregate, if the taxpayer earns more than the Social Security wage base limit via multiple jobs, there may be more withheld than the taxpayer is required to pay.
The statement is True. The cap on Social Security taxes applies to the taxpayer even if the taxpayer had more than one employer. Employers withhold on the salary they individually pay, so in the aggregate, if the taxpayer earns more than the Social Security wage base limit via multiple jobs, there may be more withheld than the taxpayer is required to pay.