Social Security Tax Wage Limit 2024 Chart. In 2024, the maximum amount of earnings on which you must pay social security tax is $168,600. The social security limit is $168,600 for 2024, meaning any income you make over $168,600 will not be subject to social security tax.
The maximum earnings subject to the social security payroll tax will increase by nearly 9%, the social security administration announced. The social security limit is $168,600 for 2024, meaning any income you make over $168,600 will not be subject to social security tax.
See What You Might Receive.
This amount is known as the “maximum taxable earnings” and changes each.
This 5.2% Increase Means That More Of Your Income Could.
What’s the maximum you’ll pay per employee in social security tax next year?
Social Security Tax Wage Limit 2024 Chart Images References :
This Amount Is Known As The “Maximum Taxable Earnings” And Changes Each.
For earnings in 2024, this base is $168,600.
After An Employee Earns Above The Annual Wage Base, Do Not Withhold.