Social Security Limit 2024 Tax On . For 2024, the social security tax limit is $168,600. In 2024, the social security tax limit is set at $168,600, a notable increase from the $160,200 limit in 2023.
In 2023, the salary limit subject to social security tax is $160,200. The social security administration (ssa) has announced that the maximum earnings subject to the social security payroll tax will increase by $8,400 in 2024.
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Social Security Limit 2024 Tax Exemption Nolie Angelita , Individual taxable earnings of up to $168,600 annually will be subject to social security tax in 2024, the social security administration (ssa) announced thursday.
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Social Security Tax Limit 2024 Tax Rate, Increase Rate, Tax Limit , So, if you earned more than $160,200 this last year, you didn't have to pay the social security.