Maximum Social Security Tax In 2024 . For 2024, the social security tax limit is $168,600. Every year, there's a cap to the amount of income you earn that is subject to social security taxes.
The wage base limit is the maximum wage that’s subject to the tax for that year. Social security and supplemental security income (ssi) benefits for more than 71 million americans will increase 3.2.
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Limit For Maximum Social Security Tax 2022 Financial Samurai , In 2024, the maximum amount of earnings on which you must pay social security tax is $168,600.