2024 Social Security Maximum Taxable Earnings. Workers earning less than this limit pay a 6.2% tax on their earnings. Home » social security maximum taxable earnings.
Fri, jan 7, 2022 2 min read. Written by hunter kuffel, cepf®.
That's Up 5.3% From $160,200.
The social security payroll tax covers more income.
The Wage Base Limit Is The Maximum Wage That's Subject To The Tax For That Year.
Only the social security tax has a wage base limit.
Social Security Tax Limit For 2024.
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Listed Below Are The Maximum Taxable Earnings For Social Security By Year.
The limit is $22,320 in 2024.
Single Filers With A Combined Income Of $25,000 To $34,000 Must Pay Income Taxes On Up To 50% Of Their Social Security Benefits.
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.