Social Security Tax Limit 2024 Withholding Form

Social Security Tax Limit 2024 Withholding Form. (for 2023, the tax limit was $160,200. The social security administration (ssa) announced that the maximum earnings subject to social security (oasdi) tax will increase from $160,200 to $168,600.

For 2024, the social security tax limit is $168,600. Over the decade preceding 2023, the irs examined tax returns filed by 8.7% of taxpayers with income of more than $10 million;