Social Security Income Tax Limit 2024 Income. The wage base or earnings limit for the 6.2% social security tax rises every year. The social security administration (ssa) announced that the maximum earnings subject to social security (oasdi) tax will increase from $160,200 to $168,600.
The 2024 limit is $168,600, up from $160,200 in 2023. The social security limit is $168,600 for 2024, meaning any income you make over $168,600 will not be subject to social security tax.
Social Security Income Tax Limit 2024 Income Images References :