Social Security Limit 2024 Tax

Social Security Limit 2024 Tax. This means more income is subject to the 6.2% tax rate, which can result in higher taxes for some wealthy taxpayers. Workers earning at least $160,200 during the 2023 tax year.


Social Security Limit 2024 Tax

6.2% social security tax on the first $168,600 of employee wages (maximum tax is $10,453; So, for 2024 employers must withhold the following amounts:

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