2024 Max Social Security Tax By Year By Year
2024 Max Social Security Tax By Year By Year. The social security administration (ssa) announced that the maximum earnings subject to social security (oasdi) tax will increase from $160,200 to $168,600 in 2024 (an increase of $8,400). If your combined income is more than $34,000,.
In 2024, the maximum amount of earnings on which you must pay social security tax is $168,600. 11 rows if you are working, there is a limit on the amount of your earnings that is taxed by social security.