What Is The 2024 Social Security Tax Limit . In 2024, the wage base limit is $168,600. Any amount earned above that is not subject to the social security wage tax.
While this tax is unpopular, the revenue goes back to the trust funds, making up about 4% of. For earnings in 2024, this base is $168,600.
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Social Security Tax Limit 2024 All You Need to Know About Tax Limit , 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).
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Social Security Tax Limit 2024 Check Maximum Taxable Earnings & How It , The irs reminds taxpayers receiving social security benefits that they may have to pay federal income tax on a portion of those benefits.