Social Security Benefit Tax Limit 2024
Social Security Benefit Tax Limit 2024. Only the social security tax has a wage base limit. 6.2% social security tax on the first $168,600 of employee wages (maximum tax is $10,453.20;
The most you will have to pay in social security taxes for 2024 will be $10,453. In 2023, the limit was $160,200.