Social Security Limit 2024 Withholding . The social security wage cap will be increased from the 2023 limit of $160,200 to the new 2024 limit of $168,600. Your wages up to $168,600 are taxed at 6.2% for social security as of 2024.
So, if you earned more than $160,200 this last year, you didn’t have to pay the. This applies no matter what the other employers may have.
Social Security Limit 2024 Withholding Images References :
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Social Security Tax Limit 2024 Withholding Form Dory Helaine , In 2024, the maximum amount of earnings on which you must pay social security tax is $168,600.
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Social Security Limit 2024 Withholding Bel Rosemary , Keep an eye on the oasdi limit—it’s your earnings ceiling for social security taxes.
