2024 Social Security Tax Limita
2024 Social Security Tax Limita. The social security wage base is the maximum gross earnings subject to social security tax that can be imposed on an employee. This amount is also commonly referred to as the taxable maximum.
The limit for 2023 and 2024 is $25,000 if you are a single filer, head of household or qualifying widow or widower with a dependent child. Individual taxable earnings of up to $168,600 annually will be subject to social security tax in 2024, the social security administration (ssa) announced.
