Max Social Security Tax 2024 Amount

Max Social Security Tax 2024 Amount. When you calculate how much of your social security benefit is taxable, use the $2,000/month number and multiply that by the number of months to get the annual. In 2024, the maximum amount of earnings on which you must pay social security tax is $168,600.

See what you might receive. The social security administration (ssa) announced that the maximum earnings subject to social security (oasdi) tax will increase from $160,200 to $168,600 in 2024 (an increase of $8,400).