Social Security Tax Income Limit 2024 Schrikkeljaar

Social Security Tax Income Limit 2024 Schrikkeljaar. The maximum amount of earnings subject to social security tax (taxable maximum) will increase to $168,600 from $160,200. (last year, the tax limit was $160,200.

The social security tax limit refers to the maximum amount of earnings that are subject to social security tax. We raise this amount yearly to keep pace with increases in average wages.