Social Security Tax Limit 2024 Amount 2024

Rosy Waneta2024 Social Security Tax Limit 2024 Amount 2024
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Social Security Tax Limit 2024 Amount 2024. The federal government sets a limit on how much of your income is subject to the social security tax. The wage base or earnings limit for the 6.2% social security tax rises every year.


Social Security Tax Limit 2024 Amount 2024

As a result, if you’re a high earner, you will pay more in social security taxes. The maximum amount of income that’s subject to the social security tax is $168,600.

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