Maximum Social Security Tax Withholding 2024
Maximum Social Security Tax Withholding 2024 . โ 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. For 2024, the social security tax limit is $168,600.
The annual limit is $168,600 in 2024. If you are working, there is a limit on the amount of your earnings that is taxed by social security.
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Maximum Social Security Tax 2024 Withholding Table Amil Maddie , The rate of social security tax on taxable wages is 6.2% each for the employer and employee.
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